Do market capitalisation driven weights make sense from a currency perspective? If not, how can we go about getting closer to a more balanced and optimal currency mix as part of international asset allocation?
The US dollar is at an inflection point. Can the dollar’s cycle continue in the face of convergent economic fundamentals and central bank coordination?
Following the attempted coup in Turkey on 15th July, we examine afresh the pressure points in the Turkish economy, and note three themes investors will be watching with interest.
Are currency markets stuck in a period of short-term mean reversion? If so, what’s driving this and what are the implications for investors?
Carry exists across all asset classes as compensation paid to speculators for assuming market risk.
We argue that, as in equities, bonds, and currency, the carry trade in commodities represents a persistent source of beta-like returns.