Stocks and Sectors Outlook

Stocks and Sectors Outlook - Articles & White Papers

Whilst our "Global Strategy Outlook" section considers equities at a broad market level, our "Stocks and Sectors Outlook" section is for investment research which includes commentary about individual stocks, or analysis at the industry sector level. Among the most popular articles and reports in this section are those that cover IPO trends, volatility, M&A, REIT valuations, value versus growth, low volatility portfolios, the real estate sector and the resource sector.
  • Citi

    Disruptive Innovations IV: Ten More Things to Stop and Think About (Citi, 2016)

    • 21 Nov 2016
    • Company: Citi

    The fourth in a series from Citi GPS, this edition examines 10 more innovative technologies and new products which are disrupting their sectors. This edition covers:

    1. Big Data Disruption - The Big Data Revolution in Energy
    2. Contextual Commerce - What is Contextual Commerce?
    3. Direct-to-Consumer Marketplace - Another Threat to ...

    • Professional
    • Views: 1501
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  • QMA

    Start of Something Big: Demystifying the Source of Large Alpha in Small Caps (QMA)

    • 24 Jan 2017
    • Company: QMA

    In a world where alpha can seem scarce, active small-cap managers continue to outperform their benchmarks in an impressive way. But why? Investors have a general sense small caps are riskier and less efficient, but how these characteristics contribute to more alpha opportunities remains unclear. At QMA, we think it’s critical to understand the sources of returns so that you ...

    • Professional
    • Views: 2032
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  • Kames Capital

    A new approach to property investment (Kames Capital, 2018)

    There are various ways for pension schemes to invest in property. The largest investors can buy physical properties, although most schemes favour pooled funds or multi-manager solutions. These approaches bring risks of underperformance and illiquidity, while the high costs of trading means schemes rarely switch providers until it is too late. The unique nature of property as an ...

  • Invesco (Europe)

    Risk & Reward: The Theory and Practice of Portfolio Insurance (Invesco, 2017)

    This issue of "Risk & Reward" examines the theory and practice of portfolio insurance: to achieve their goals, many investors are allocating towards more risky assets. In many cases, these investors can quickly find themselves in a tight spot if the risk budget is not expanded accordingly. This is where portfolio insurance can come into play. But, which strategy ...

    • Professional
    • Views: 1283
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  • T. Rowe Price

    Global Equities: The Changing Face of Value (T. Rowe Price, Nov 2016)

    For many value investors, the last few years have proved to be a challenging period given a backdrop of low growth, structural change in China, elevated macroeconomic risks, and bouts of volatility. This environment has led to a dominance of growth and quality factors, creating a meaningful headwind for value-oriented stocks.

    • Professional
    • Views: 1122
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  • The ongoing influence of DB pensions on the market valuation of the Pension Plan Sponsor (2016)

    This study by Llewellyn Consulting, on behalf of Pension Insurance Corporation, provides important updates on the impact of Defined Benefit pension schemes on the share price of the FTSE 100 sponsoring company. The findings provide further evidence of the significant and ongoing downward pressure that DB pension liabilities and pension deficits have on the market values of FTSE 100 ...

  • BlackRock

    Global Investment Outlook Q2 2018 (BlackRock)

    As the second quarter of 2018 is underway, BlackRock gives updates on three 2018 investment themes against a backdrop of synchronized global growth, an inflation comeback, rising interest rates and more economic uncertainty. Equity market volatility has also been on the rise, where the low-volatility environment felt its first tremors of change in February’s spike.

    In ...

  • Callan

    The Periodic Table Collection: Rankings of Assorted Indices and Strategies, Year-End 2017 (Callan)

    The Periodic Tables of Investment Returns depict annual returns for various asset classes, ranked from best to worst. Each asset class is color-coded for easy tracking. Well-known, industry-standard market indices are used as proxies for each asset class. The Periodic Table of Investment Returns—a play on the Periodic Table of the Elements—was authored by Jay Kloepfer, Director ...

  • William Blair

    Why China A-Shares, Why Now? (William Blair, 2018)

    The domestic Chinese equity markets are some of the largest and most liquid in the world, and they offer unique investment opportunities—yet they have been largely neglected by institutional investors. That, in part, is because they were historically difficult for foreign investors to access. However, with the launch of the Shanghai-Hong Kong Stock Connect a few years ago and ...

  • William Blair

    Global Market Outlook for 2018: An End or a Beginning? (William Blair)

    2017 was a particularly strong year, with broad growth and low inflation creating an almost perfect environment for equity investors. Technology was a significant part of that story. Bitcoin reached $17,000, an increase of over 1,600% since January 1. China, which is transforming into one of the most innovative countries in the world, had one of the most interesting runs we have ...

  • McKinsey & Company

    AI: The Next Digital Frontier? (McKinsey & Co, 2017)

    Artificial intelligence (AI) is ready for business but is business ready for AI? This McKinsey paper examines investment in AI, describing how it is being deployed by companies that have started to use these technologies across sectors. It aims to explore AI's potential to become a major business disrupter.

  • Citi

    Solutions for the Global Water Crisis: The End of 'Free and Cheap' Water (Citi, 2017)

    • 09 May 2017
    • Company: Citi

    Over the years there have been many academic studies, government policies, non-governmental organizations (NGO) reports, industrial plans, and others all focusing on ways to improve the management of water and reduce inefficient water use over time - and yet we are still faced with the problem of a looming global water crisis. So why haven’t we solved this problem? This paper by ...

  • Robeco

    Hedge fund bets show Low Volatility is still far from overcrowded (Robeco, Jan 2017)

    Thorough analysis of hedge fund data shows that, despite their flexible approach to investing, these funds tend to bet strongly against the low-volatility anomaly. This suggests that limits to arbitrage are not the main reason for this anomaly and that the low-volatility trade is still far from being overcrowded.

    Speed read

    • Hedge funds tend to invest more in ...

  • The Issue of Passporting: UK Financial Sector and EU Integration after Brexit (2016)

    If the UK cannot secure a ‘Norway’ deal and stay within the internal market after Brexit, the UK will lose passporting rights for EU financial services and access to euro clearing and settlement, both of which make London attractive as a financial centre. A substantial part of the UK’s wholesale banking and trading sector may move out. The paper has been authored ...