Sun, Jul 24, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Geopolitical risk can create buying and selling opportunities in equity market

Thursday, April 10, 2014

amb
William Davies
Benedicte Gravrand, Opalesque Geneva:

William Davies is Head of Global Equity at Threadneedle Investments. Drawing on his 27 years of experience, he shares his outlook on global equity market in a recent Opalesque Radio interview with Sona Blessing. He sees equity valuations around the world as being inexpensive and likely to rally further, and believes opportunities can be found in the current risks.

In general, and on a historic basis, equity valuations around the world are not particularly expensive, he notes, especially given that interest rates are at historic lows. In the US, one of the strongest performing markets, a 14.5 price earnings for 2015 does not seem particularly expensive. In Europe, a price earnings multiple of 12.5 times for 2015 is not expensive either. In Asia, multiples are at around 11 times, which is relatively cheaper, "but then, we’re being a little less confident about the outlook for growth within some of the Asian market."

Global markets rose on Wednesday after better-than-expected corporate results boosted sentiment on the outlook for Q1 earnings, says Reuters. MSCI's all-country world equity index (ACWI) gained 0.28%. The index is up 0.90% YTD; it......................

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. Opalesque Exclusive: California-based manager launches long/short equity hedge fund with unique algorithm[more]

    Benedicte Gravrand, Opalesque London for New Managers: SJL Capital LLC, an investment advisory firm based in California, has launched its maiden fund, the SJL MarketDNA Hedge Fund LP. The fund, which began trading

  2. Manny Roman to move from Man to Pimco[more]

    Benedicte Gravrand, Opalesque London: Emmanuel (Manny) Roman, an investment world veteran, has been hired by PIMCO, the large US bond fund house, as chief executive officer. PIMCO's current CEO Douglas Hodge will assume a new role as managing director and senior advisor when Roman joins P

  3. HFR: Hedge funds post strong gains in mid-July as markets recover from Brexit losses[more]

    Komfie Manalo, Opalesque Asia: Hedge funds posted strong gains through mid-July as the equity markets continued the recovery from Brexit losses. The HFRX Market Directional Index gained +2.17% (+4.22% YTD) and the HFRX Global Hedge Fund Index gained +1.03% through mid-month (+0.19%

  4. News Briefs - Carlyle goes on trial for a financial-crisis meltdown, Private equity and venture capital outperformed public markets in 2015, Pippa Middleton gets engaged to hedge fund manager James Matthews[more]

    Carlyle goes on trial for a financial-crisis meltdown Carlyle Group co-founder Bill Conway was in court on this small island last week recounting one of the most bruising episodes in his private-equity firm’s history: the 2008 collapse of mortgage-bond fund Carlyle Capital Corp. Carlyle

  5. …And Finally - Two men fall off cliff playing Pokemon Go[more]

    From BizarreNews.com: Two men who fell from a seaside cliff north of San Diego told authorities they became distracted while playing augmented reality game Pokemon Go. Encinitas fire Battalion Chief Robbie Ford said one of the men fell about 50 feet down the bluff in Encinitas while the other man fe