360°, Q2 2023
Divergence, duration, dislocation
Overlooked and underappreciated: The case for Korea
At the end of May 2023, the Federated Hermes Asia ex-Japan Strategy’s key country active overweight remains Korea, at +13.96% relative to benchmark, whereas the strategy’s main underweight is India, sitting at 16.83% below the benchmark, as shown by Figure 1 below.1 We prefer Korean stocks because they currently present very cheap valuations amid improving […]
Putting the ‘investment’ in investment grade credit
Why now? Yields are at decade highs: Yields, which sit at almost 5% for the global investment grade market, are looking very attractive. Historically, and looking at the past decade in particular, yields are now at the highest level seen for the investment grade market, as demonstrated in Figure 1 below. This indicates that a […]
Sustainable Global Equity Report, Q1 2023
China’s ‘great reopening’
Lifting the lid on packaging and food waste
Plastic packaging has a key role to play in the global food system, protecting perishable items and extending the shelf life of fresh produce. However, this is exacerbating the problem of plastic pollution, with progress to reduce plastic waste driven mainly by recycling, rather than the elimination of single-use plastic. Estimates published by climate action […]
Protect, sustain, restore: Why the Amazon matters
Acknowledgements: We would like to thank Dr Adriana De Palma, Dr Gareth E Thomas, Sara Contu, and Prof. Andy Purvis from the Natural History Museum for providing the data and analysis contained within this report. The Amazon rainforest, home to some 10% of known species on earth, is a lynchpin for global biodiversity. Here, the […]
Sustainable Global Equity Report, Q4 2022
The inflation game-changer
Why cheap palm oil is a price the planet can’t pay
Palm oil is used in 70% of cosmetic and personal hygiene products, including soap bars, toothpaste and face creams. It is also a key ingredient in staple foods such as bread and margarine, as well as treats such as chocolate, ice cream and biscuits. Its natural preservative qualities help to extend the shelf life of […]
Sustainable Global Equity, Q3 2022 report
Are global supply chains on the mend?
360°, Q3 2022
Rates, recovery, recession
