eToro launches Crypto CopyFund


eToro, the global trading and investing social network, is today announcing the launch of its Crypto CopyFund, which offers investors exposure to six of the most popular cryptocurrencies currently available. This comes as eToro sees demand for cryptocurrency trading grow four-fold in just 12 months, as the global market cap… Read More »

Bond Connect: new progress on liberalization


In the past two years, with the launch of “Shanghai-Hong Kong Stock Connect” and “Shenzhen-Hong Kong Stock Connect”, Hong Kong has become the hub to connect the mainland market and the global market. With the launch of Bond Connect, the scheme attracts southbound capital from the mainland on one hand… Read More »

Are eurozone equities still an attractive play?


Since the beginning of the year, soft data have been particularly strong, with PMIs and confidence surveys hittin a 6-year high. For the past 10 years, Europe has not been popular among global equity investors. The European debt debacle and the bail-out of Greece in 2010 contributed to the long-standing… Read More »

Tensions between the USA, Russia, and China: markets remain complacent

Mati Greenspan -

With all the talk about North Korea in the media over the last few days, it’s very strange that the markets remain complacent. Usually, if there is a factor of risk, tensions between the USA, Russia, and China, or the like, we should see some type of flight to safe… Read More »

What will end the search for yield?


The insatiable appetite for yield has prompted investors to take on ever more exposure to the highest yielding areas of the bond market. The search for yield appears unstoppable.Global investors’ voracious appetite for income has been a near-constant theme since the end of the financial crisis, propelling bond yields to… Read More »

Value Update: Where Is the Next Pocket of Opportunity?


Over the last 18 months we’ve seen the beginning of a rally in value stocks, which have rebounded from 2015’s 20-year lows. In 2016, value stocks outperformed growth stocks by the widest margin in well over a decade. Now, with the value rally underway, the question we’ve posed to ourselves… Read More »

M&G Investments Comments on China Bond Connect


The China – Hong Kong bond connect is another gradual step that China is taking in opening up its domestic bond market for foreign investors. Bond connect will have some operational advantages versus investing directly onshore in the sense that it will not require the investor to have a local… Read More »

Three ways to higher yields


Bond investors need better valuations and more differentiation in risk premiums to make the asset class attractive again. With yields close to their all-time lows, we are all aware of the risk of losing money at some point in fixed income. The combination of looser fiscal policies to meet the… Read More »

UK earnings forecasts unchanged despite headwinds


Developments in the UK have led us to renew our focus on the region in recent weeks, amidst the start of Brexit negotiations and the general election. We have not made any changes to our neutral position on UK equities and UK rates, or our negative view on sterling. We… Read More »

Intesa Sanpaolo: additional thoughts on the BPVI-VB deal


A good bank for ISP: ISP is set to take over the “good” bank stemming from the segregation of some assets of BPVicenza (BPVI) and Veneto Banca (VB) at €1. We estimate that the scope acquired is ~€42.4bn total assets (€28bn RWA) including €4bn “high risk” performing loans which could… Read More »