In our 2018 Investment Outlook, we pointed out that “the current extended period of low volatility is not without precedent, but periods such as these increase the likelihood of elevated volatility and meaningful falls in equity markets in the future.” Three weeks later, we got our first sight of an extreme volatility event for some time. Chief Investment Officer Mark Seavers looks at what we can expect for Q2 2018.
In spite of considerable uncertainty and geopolitical risk, 2017 turned out to be a good year for equity markets and risk assets in general, although the recovery in the euro crimped returns from global assets for Eurozone investors. Chief Investment Officer Mark Seavers looks at what we can expect for 2018.
The global economy is in reasonably good shape entering the final months of an eventful 2017. With economic output expected to grow by 3.6% this year and accelerate modestly in 2018, Mark Seavers, CIO Davy Asset Management, looks at what we can expect for the rest of the year.
At Davy Asset Management, we have a robust, repeatable investment process, focused on Quality, which incorporates both financial and non-financial data to assist performance. In this article, Research Director, Chantal Brennan, and Fund Manager, Jeremy Humphries, discuss the selection of metrics used, their relevance and how we apply this in the small and mid-cap space.
In this Insight, Jonty Starbuck, Fund Manager, examines how fundamental shifts in consumer behaviour driven by millenials, and the rise of online retail disruption have led to a rise in new business models. He looks at how the Fourth Industrial Revolution is impacting the Consumer Sector.
Companies with above average dividend yields have outperformed during rate tightening cycles. In this insight Davan Byrne, Fund Manager, demonstrates that dividend-paying companies can outperform the market over a rate tightening cycle.
Global equities delivered 8.6% in local currency terms in the first six months of the year – the strength of the euro translated that impressive underlying return into just 2.7% for euro-based investors. After an eventful first half in financial markets, what do the next six months have in store for investors?
When ECB President Mario Draghi talks, the bond market listens very carefully - and it has good reason. In his famous 2012 speech, Mr. Draghi said he would do “whatever it takes” to save the Eurozone from the Eurozone Debt Crisis which was threatening to spiral out of control.
Volatility has fallen to the lowest levels witnessed in over two decades recently. In fact, since its inception in 1993, the VIX Index or 'fear gauge', has only closed lower than the recent reading of 9.77 on three occasions. In this insight, Fund Manager Davan Byrne outlines the factors that he believes are contributing to these historical low levels.
Chief Investment Officer Mark Seavers discusses the impact of the first-round results. With two contenders of drastically opposing views remaining, he gives his view on how things may play out.