Weighted estimates are based on broker input – realization of such is subject to market conditions.
E&OE - Data as per June 30, 2019
The case for setting up a Global Strategy
Global secular trends such IIot, changing consumer patterns, and dislocations will remain well in place for the years to come. Increased pricing transparency will put pressure on margins; therefore, key attention should be given to companies that add high value to their products and services. Inflation rates are not expected to rise much more above present levels, because the “gig” economy is bypassing much of the traditional economic set-up.
Tightening financial conditions resulting from a stronger US dollar and rising interest rates have adjusted the global risk-reward opportunity. Risk is better compensated as equity valuation multiples have fallen across all main DM major markets. This occurs on the back of several false reports of earnings growth and the rise of idiosyncratic EM problems which could point to some wider near-term concerns for these markets.
Scope of investments
Our investment concept gives special attention to secular growth trends in the field of IIoT, changing consumer patterns, market dislocations, and a market-neutral strategy. Read the full details in the report.
