Global Equities

Market sentiment reflects growth that will continue at past levels, yet economies and businesses globally are facing stiff headwinds – high government debt, rising inflation, and supply chain bottlenecks. As markets shrug off risks, expect volatility and a divergence in company performance in 2022.

European equities have lagged the US for more than a decade. But there are reasons to believe that Europe can outperform again: The benchmark is now more exposed to higher growth companies, valuations are attractive, macro reforms have mitigated risks and Europe is leading the way in ESG.

All-star New York Yankees pitcher Lefty Gomez once said: "I'd rather be lucky than good.” Successful investing over time is, however, not a game of luck. It requires discipline, skill and a focus on quality. Investors can prepare for a downturn by focusing on quality businesses with predictable earnings growth.

David Souccar talks about markets in 2019, long-term structural risks, performance over the cycle, investing in Japan, and international vs US exposure.

In our new audio series, Vontobel Quality Growth Portfolio Managers offer insights on how to navigate volatility. You can listen to our experts’ views on the risks in equity markets today and how they identify companies that are on the right side of long-term structural trends.

Matthew Benkendorf, CIO of the Quality Growth Boutique, reviews portfolio performance, shares his outlook and discusses why he believes a bottom-up approach is the best way to navigate the difficult investing landscape ahead.

Legendary baseball star Yogi Berra opined that, “You don’t have to swing hard to hit a home run. If you got the timing, it’ll go“. That may work in baseball, but in the world of investing, timing is a difficult, some say an impossible skill to master.