For IPOs, a three-legged stool worth touting
What defines today’s IPO market, and what can investors expect for the remainder of 2026? 2026 is set up to be a record-breaking year for three reasons. One, resilience. Two, timing. And three, the pipeline. The pipeline is enormous this year. But in order to get to 2026, we have to see how we got […]
Can Asia’s AI frontrunners stay the course?
Fast reading Companies in the AI space have performed well – but this has driven market concentration. China remains relatively undervalued, creating a more balanced risk‑reward profile. In India, valuations remain elevated. With expectations still high and external risks becoming more visible, the balance of outcomes appears less favourable than elsewhere in the region. South […]
As risks rise, short end can offer shelter and yield
Chartology
Are small caps set for a U-turn?
What is your outlook for small-cap equities? Small caps are the cheapest in history versus large caps in the market, and somewhat justified. We’ve seen small cap stocks go through an earnings recession. From 22 to 24, higher interest rates, higher inflation, regulations, small cap stocks had either negative or flat earnings. All that while, […]
South Korea’s regulators are on a roll – don’t stop now
Fast reading South Korean regulators have already implemented meaningful and impressive measures to address the so-called ‘Korea discount’. But regulatory reform does not automatically mean company management is suddenly “on side”. An ongoing structural issue in South Korea’s public markets remains concentrated family control. It continues to give directors both the ability and the incentive […]
How does MDT’s investment approach respond to geopolitical risk events?
What is meant by “responding to major risk events” can vary meaningfully. For some investors, that may mean thinking opportunistically, where they want to allocate to certain asset classes or investment strategies that they expect to benefit to an outcome related to that risk event, or maybe moving away from certain asset classes that they […]
How does our trade finance process work?
Can you walk us through how the trade finance process works from origination to repayment? I’d describe the trade finance process as a three-step journey: sourcing, underwriting, and monitoring. This is core, bank-originated business, primarily involving senior secured loans that banks originate to hold on their own balance sheets. The purpose is to facilitate trade […]
Scale matters: navigating EM oil credit in volatile markets
EMD report Q2 2026
Sustainable Global Equity: Where does a longer-term strategy see opportunity?
So far in 2026, markets have been shaped by an unusually broad range of cross‑currents – from artificial intelligence (AI) innovation driving disruption, and new artificial intelligence (AI) winners and losers, to heightened geopolitical uncertainty, conflict in the Middle East, and rapidly evolving interest‑rate and inflation expectations. It’s rare to see so many forces at […]
MDT: How we seek to enhance our alpha model
At MDT Advisers, we are systematic, quantitative investors; underlying all of our work is our alpha model. What underlies the alpha model itself? Intuition and research. Our model didn’t arrive fully formed like Athena, of course, nor will it remain fixed. Instead, we use a rigorous research process to review the model’s output. The goal […]
