After a long period in the wilderness for the value style, the prospect of multiple effective vaccines reviving economic activity has seen a sharp rally in value stocks this month. In our weekly asset allocation view, we weigh up both sides of the value versus growth debate and outline the pieces falling into place for the revival to continue relatively strongly into 2021.
30th Nov, 2020
In May this year, we outlined the bullish case for emerging market equities (EM). In this week’s asset allocation view we check in on our positive view and outline the factors behind our overweight position:
23rd Nov, 2020
The outperformance of the US equity market has been a significant and persistent trend for much of the past 10 years. US outperformance is intricately linked to the outperformance of growth over value stocks, or in sector terms, the dominance of the US technology sector over the rest of the global equity market. In this week’s macroeconomic review we discuss:
18th Nov, 2020
The backdrop for the Australian equity market is getting incrementally more positive as the market attempts to break out of its range trading pattern of the past 5 months. We upgraded Australia to overweight versus global equities in mid-October, and support for the local market looks to have built over the past few weeks.
9th Nov, 2020
The RBA has stepped up its dovish rhetoric over the past few weeks in a series of speeches from key personnel including Governor Philip Lowe.
2nd Nov, 2020
We are now inside the final 2 weeks of the US election campaign. Aggregated poll surveys show Biden continues to lead by between 8 and 10 points although there is evidence of tightening in the past week as Trump launches a campaign blitz. By way of comparison, Hilary Clinton held a 6 point lead at the same point in 2016.
26th Oct, 2020
Our quarterly managed funds report outlines the pathway best-suited to deliver on our current asset allocation strategy and the basis on which our chosen funds are vetted. As well as revisiting the global uncertainties and opportunities that shaped our asset allocation strategy, we report on the performance of the funds we see as best placed to implement our tactical asset allocation position. We also profile some of our preferred funds across Australian equities, global hedge funds and non-traditional fixed interest.
21st Oct, 2020
Following the release of our Fourth Quarter Asset Allocation Strategy, in our Behind the Strategy video series Wilsons Head of Investment Strategy, David Cassidy and Wilsons Investment Advisor, Alexandra Kalceff discuss:
21st Oct, 2020
In our new video series, Wilsons Head of Investment Strategy, David Cassidy chats with Wilsons Investment Advisor, Alexandra Kalceff about the factors weighing on markets and shaping our asset allocation strategy.
7th Oct, 2020