Sun, May 29, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The Big Picture: Armstrong’s macro growth fund bets on continuing inflation

Wednesday, May 08, 2013

amb
Dr. Ana Cukic Armstrong
An Opalesque column for global macro investors.

Benedicte Gravrand, Opalesque Geneva:

Dr Ana Armstrong, joint managing partner and head of portfolio strategy and construction at Armstrong Investment Managers in London, thinks the first big macro theme at the moment is found in central banks all over the world following very lose and easy monetary policy "because they want to make sure that no matter what happens to the global economy, we do not sink back to some sort of regression. So the priority of policymakers at this point is to try and stimulate some sort of growth."

Acknowledging the general consensus that global growth has been quite sluggish, Dr Armstrong points out that the average growth over the last 25 years has been consistent at around 3.5% (globally on an annual basis).

www.worldbank.org

"Growth of around 3.5% is pretty much the norm," she told Opalesque in an interview last week. "The difference that we have now is that around 80% of that growth is coming from the emerging economy and emerging markets." Her firm is positioned to take advantage of firms and sectors with exposure to those markets.

The second big macro theme, she continues, and one that defines Armstrong’s funds, is that central banks are concerne......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit

  2. Investing - Billionaire Wilbur Ross likes the look of Chinese bad loans, Hedge funds are still relevant in a diversified portfolio: 4 fundamental criteria for superior manager selection[more]

    Billionaire Wilbur Ross likes the look of Chinese bad loans From Bloomberg.com: U.S. billionaire Wilbur Ross said he’s considering investing in nonperforming loans in China, as Moody’s Investors Service said that the nation has the tools to prevent a financial crisis in the near term. I’

  3. Investing - Blackstone gives pricey Canadian energy and property thumbs down, One of the most concentrated hedge fund bets is getting crushed, Facebook is hedge funds' new tech darling,[more]

    Blackstone gives pricey Canadian energy and property thumbs down From Bloomberg.com: Canada’s energy assets are uneconomic and real-estate markets overvalued, making them less attractive for investment than in the U.S. and elsewhere, according to Tony James, president of Blackstone Group

  4. Study - Only 30% of institutional hedge fund portfolios beat the benchmark[more]

    Bailey McCann, Opalesque New York: A new study from CEM Benchmarking, an independent provider of cost and performance analysis for pension funds, shows that only 30 percent of institutional investors hedge fund portfolios beat the benchmark after fees. The study provides in depth analysis of real

  5. Opalesque Exclusive: $1bn hedge fund club grows to 668 managers, continues to dominate (Part One)[more]

    Komfie Manalo, Opalesque Asia: Despite an underwhelming 2015 and a slow start to 2016 in terms of performance, one group of managers that continues to dominate the assets of the hedge fund industry is the so called $1bn club – hedge fund managers with at least $1bn in assets under management (AU