Sat, Feb 28, 2015
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. Investing - Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched, Myriad hedge fund sold bulk of its Alibaba stake last year[more]

    Seth Klarman of Baupost outlines his investment process as major stock market indices are stretched From Valuewalk.com: As hedge fund manager Seth Klarman, leader of the $28 billion Baupost Group, reviews 2014 performance and considers investors gained near 7 percent on the year, he cons

  2. Adamas Asset Management and Ping An Insurance to co-manage $500m debt fund[more]

    Komfie Manalo, Opalesque Asia: Hong Kong-based Adamas Asset Management and Ping An Insurance Group, one of China’s largest financial institutions, have finalized a memorandum of und

  3. Opalesque Exclusive: dbSelect’s top ten FX strategies average almost 10% in January[more]

    Benedicte Gravrand, Opalesque Geneva: In one of Deutsche Asset & Wealth Management (AWM)’s hedge fund platforms, called dbSelect, a number of FX Strategies did very well in January. dbSelect is a managed investment platform for unf

  4. Opalesque Exclusive: SEC’s Mark J. Flannery warns hedge funds against valuation misconduct[more]

    Komfie Manalo, Opalesque Asia: Securities and Exchange Commission chief economist and director of Division of Economic and Risk Analysis (DERA) Mark J. Flannery has warned of the risks posed by market misconduct, particularly in the true valuation of assets by hedge fund managers. In his

  5. Dymon Asia's $3bn macro hedge fund lost 10.45% in January[more]

    From Reuters.com: Dymon Asia's $3.1 billion macro hedge fund lost 10.45 percent in January, performance data seen by Reuters showed, a month where many peers lost heavily after a surprise rise in the Swiss franc. Singapore-based Dymon, set up by Danny Yong, a former founding partner and chie