Insights

In its latest Global Market Outlook, Vescore’s specialist team explains the signals from its models against the current backdrop of a strong risk appetite among market participants.

If you suffer from pandemic-induced cabin fever, you would be even worse off without your daily chat with colleagues. Even pre-Covid, our reliance on infrastructure piqued the interest of equity investors in telecoms, transport or property companies. We believe in publicly traded shares, others prefer the unlisted path – a discussion worth having.

Inflation seems to have carte blanche for now. This means that commodities as inflationary hedges are likely to be in high demand while the economic recovery progresses. This will be met with strained logistics and underdeveloped supply capacities, which is likely to push commodities into their next supercycle.

In its latest Global Market Outlook, Vescore’s specialist team explains the signals from its models amidst the burgeoning inflation worries currently stirring up the markets.

As China celebrates the New Year, investment professionals from three of our investment boutiques share their views on the economic powerhouse. While bond defaults in China have increased, the growth gap between the West and China will continue to widen and the renewable energy sector will see a strong expansion over the next five years.

A year after the outbreak of the COVID-19 pandemic, global capital markets are still feeling its effects and following a familiar pattern.

Our models recently increased the equity overweighting and the bond short positioning. The risk indicator remains low. You can also read about why the potential of dividend yields alone is not enough. In a special article, we have analyzed the parallels and differences between the current market situation and the dotcom bubble from the perspective of our models.

Investors’ return expectations for multi-asset portfolios are high. To achieve them, we are convinced that the time has come for investors to rethink their approach, especially in terms of required asset classes, allocation flexibility, and exclusion of emotional decisions.

Most commodities are on a winning streak right now. Even oil, which still faces fragile demand, has the potential to trade north of 60 US dollars by mid-year thanks to recent unilateral Saudi Arabian production cuts.