Capabilities

Warren Stoddart, CC&L Financial Group’s President and CEO recently joined Rosemont CEO Chas Burkhart as a guest on the Global Investment Leaders podcast.

For this week’s commentary, we take a look at green CAPEX, including benefits and relevance.

The consensus is gloomy about UK economic prospects but is it gloomy enough? The current debate has echoes of mid-2008.

Eurozone flash PMIs this week were less bad than expected, bolstering a growing consensus that economic prospects are improving. Monetary trends continue to argue the opposite.

This year’s Forecast looks at the secular themes that underpin our outlook, and then considers the shorter-term cyclical factors influencing the outlook for the economy, inflation, and monetary policy. We examine market valuations and taking into account all these factors, we set the framework for our portfolio strategy. Throughout the next year, updates to our Forecast will be highlighted in our monthly newsletter – Outlook.

Poor access to credit continues to be a major growth inhibitor for many developing markets. We explore how platform businesses are attempting to bridge the funding gap through the digitalisation of financial services. We present kaspi.kz an illustration of a platform centred on consumer credit, that is driving both societal change and attractive returns for shareholders.

A post in October gave a hopeful view of Chinese prospects, noting that “excess” money had accumulated and could flow into equities and the economy if policy-makers signalled a commitment to expansion.

We shine a light on emerging market small caps, looking at the characteristics and make up of this often misunderstood asset class.

In a soft month for EM equities, we review 2022’s winners and losers along with some key investment themes.

High inflation resulted in poor equity market performance in 2022 despite economic / earnings growth. Inflation relief in 2023 may limit further market weakness despite a global recession.

We examine what happened in the European energy sector in 2022 and look ahead to 2023.

The market turbulence experienced over the last several years culminated with a major downturn for both public equities and fixed income in 2022. However, the journey along the way did provide useful insights and lessons, particularly from the experiences during the height of the pandemic in 2020. This article considers the extent to which investors heeded the warning signs, or whether they were desensitized to the ensuing risks.

Recent Bank of England signals have been deemed to be less hawkish than those of the Fed and ECB, contributing to a view that UK policy tightening is less likely to prove excessive, in the sense of causing greater economic damage than necessary to return inflation to target.

We are now done with the third year of this decade and the differences with the past decade could not be more acute. Inflation seemed like a permanently solved issue in the 2010s, geopolitical conflicts were mild in comparison and many other things taken for granted 10 years ago no longer apply now. Through this […]

We are now done with the third year of this decade and the differences with the past decade could not be more acute. Inflation seemed like a permanently solved issue in the 2010s, geopolitical conflicts were mild in comparison and many other things taken for granted 10 years ago no longer apply now. Through this […]