We combine deep qualitative analysis by our team of investment specialists with powerful quantitative analysis from our proprietary software to inform an unconstrained approach for strong, risk-adjusted returns.
From a macroeconomic perspective:
• The US looks good
Trump’s victory bolsters our positive outlook for both inflationary and economic growth in the country. GDP is growing at the fastest pace since 2014 and the latest annual estimate reached 3.5 per cent for the third quarter of 2016.
• The UK continues to surprise
Economic growth remains intact, with GDP rising by 0.5 per cent in the third quarter, and 2.3 per cent on an annual basis. Economic expansion continues with manufacturing activity recently rising to a two-year high as well as buoyant consumer confidence, with November retail sales beating estimates for the second consecutive month.
• The eurozone shows improvement
Consumer prices reached their highest levels since April 2014 and economic growth is steady, despite political headwinds. Furthermore, PMI levels point to an expansionary phase of economic development, with figures reaching their highest levels in the last two years.