UK Equity Income Bulletin
Central bank commentary suggests we may have passed peak ‘hawkishness’
It's the supply-side, stupid!
From compressing the price side of the P/E equation, investors are increasingly fretting over earnings, marking down any company that hints of cyclicality.
Under the Bonnet
Idiosyncratic stock selection helped Fund performance through a period that saw events more extreme than many investors have ever experienced.
The Cost of Bad Behaviours
During periods of market sell-offs, the natural human reaction is to contract our investment time horizons and focus on short-term negative noise.
Quarterly Update from Christopher Lees
"Beware good houses in bad neighborhoods..."
The View From Asia
Recession remains a threat, and despite official figures, China is almost certainly in a phase of contraction
UK Equity Income Bulletin
UK equity valuations remain eye-wateringly low relative to earnings and balance sheet capital
Making a Sustainable Difference
Investor engagement can make a positive difference to poor mining communities
Get Paid Whilst You Wait-The Return of UK Equity Income
Investing for income in the UK equity market has rarely offered better opportunities
UK Equity Income Bulletin
In an environment of higher inflation, investors should increasingly favour dividend-paying stocks
View from Asia
Markets now collectively believe that central banks are behind the curve. Risk-aversion prevails
The Return of Low-Cost Investing
Rising yields are presenting interesting opportunities to income investors
Emerging Markets Spotlight
Floating exchange rates are likely to limit the impact of rising US rates on emerging markets
Is your equity portfolio ready for a turn in the investment cycle?
A number of capital cycles are turning. Investors need to shift their focus towards sectors which have been overlooked.
UK Equity Income Bulletin
The rotation from financials and cyclicals to defensives has reached an extreme last seen following the collapse of Lehmans
Under the Bonnet
The world is a very different place to what it was a month ago. As ever, we seek strategic idiosyncratic change where hidden value can be unlocked through management actions
View from Asia
War in Europe. Lockdowns in China. Higher commodity prices pushing up inflation. Focus on value and patience should pay.
Emerging Markets Spotlight
Rising commodity prices will have a powerful impact on emerging markets, for exporters and for those that import and subsidise the 'Three Fs', food, fuel and fertiliser
UK Equity Income Bulletin
Latest comments from our UK equity income fund managers
Forgotten Middle
JOHCM Global Opportunities Fund - Remembering the "Forgotten Middle"
Emerging Markets Spotlight
James Syme and the Emerging Markets Opportunities team look at the new chapter Russia is writing in emerging equity markets
