Global Equity ESG, H1 2024 Report
Fast reading Recent pushback against ESG integration is nothing new; meanwhile, progress on an ever more structured, rigorous approach to sustainable investing continues apace. Principal adverse impact indicators (PAIs) are useful metrics to demonstrate how investments can negatively affect factors relating to sustainability, from carbon emissions to human rights. We use PAIs to help us […]
Stocks edge upwards as looser policy looms
market snapshot
GEMs Equity Outlook, H2 2024
a supportive backdrop
Will new reforms tackle the ‘Korea discount’?
Fast reading The dominance of ‘chaebols’ – large, family-owned business conglomerates – has contributed to limited protection for minority shareholders in South Korea and, as a result, lower equity valuations. In addition to complex shareholding and ownership structures, other concerns include: sizeable balances of shares sometimes held in treasury; directors having no legal fiduciary duty […]
Why so glum?
Despite some recent volatility, markets are starting to look optimistically at the potential for a soft landing in the US – inflation is falling towards a normalized level, unemployment is up, but still at historically low levels, and the Federal Reserve looks set to embark on a rate-cut cycle. Yet with all this positive data, […]
The road ahead for US equities
How might the US election impact small- and mid-cap companies? Video transcript 2024 has again shown us that anything can happen. In July alone, we experienced the world’s largest computer meltdown, an assassination attempt on Donald Trump and a change of the Democratic Party’s presidential nominee. The historic decision by President Joe Biden to withdraw […]
Equitorial: A practical pathway to net zero
Fast reading There is no silver bullet for investing in the climate transition, however, common to all approaches is the need to understand the challenges and address a range of obstacles. We believe the best solution combines strong historical data with forward-looking tools including scenario analysis, sector decarbonisation pathways, technology curves and projected emissions. Qualitative […]
Frontier markets: Tapping into untapped potential
What defines a ‘frontier’ country and why do you think investors could benefit by overweighting EM frontier credits? The emerging market (EM) world has evolved from being a large homogenous asset class into a much more complex one where we need new definitions to describe and define market segments. Core EM is often thought of […]
GEMs ESG Materiality, H1 2024
spotlight on South Korea
Why investors should take another look at China (through a contrarian lens)
Fast reading Chinese equities have begun to rise from multi-decade lows, perhaps presenting an attractive entry point with potential for long-term outperformance. The multi-year sell-off has created an abundance of opportunities across a wide range of attractively-valued companies. Our approach is well-suited for a dynamic and volatile market which provides opportunities to generate alpha by […]
