GARY identifies companies that are able to deliver growth and yield at a reasonable cost. GARY offers a middle ground when uncertain markets flip flop between growth and yield. Predominantly small cap oriented GARY underperformed over the past month as large caps on stretched multiples continued to outperform. Show More
GARY identifies companies that are able to deliver growth and yield at a reasonable cost. GARY offers a middle ground when uncertain markets flip flop between growth and yield. Show More
Global markets are moving from deflation and low rates to an inflation and rate rising environment. Recovering economies will deliver growth while struggling economies will see capital outflows. The changing global dynamics will continue to push investors towards a better equilibrium between growth and yield. We see this transition driving... Show More
Global markets are beginning to digest the stretched valuations, high yields and strong currency ahead of the US Fed meeting. The aggregate policy outlook from the new administration is expected to push up inflation and debt in the process of raising growth. The inflation rally since October has been running... Show More
Global markets are digesting the US election results while the US Fed rate hike in December hangs in the balance. The aggregate policy outlook from the new administration is expected to push up inflation and debt in the process of raising growth. Rising inflation will attract higher interest rates and... Show More
Global markets are moving past US Fed and US election worries as the US reporting season starts to test stretched multiples. A recent bond squeeze has delivered a bounce in yields, whilst a medium to long term outlook suggests that bond yields will settle in the slightly higher range from... Show More
Global markets are currently going through the cyclical September pullback on heightened macro concerns. Markets may start to worry about the patches of weakness in US economic growth ahead of the Presidential election. We maintain the view that the US Fed will only move in December and the move will... Show More
Slowing global growth and central bank actions are expected to keep interest rates lower for longer. Investors are being pushed into high yielding equities to cater for the rising cost and falling yield environment. We continue to favour an investment strategy mix of growth and yield as markets are trading... Show More
Macro Outlook: Central bank support and weak fiscal reform expected to keep growth and interest rates lower for longer. We continue to favour an investment strategy with a growth outlook that supports a yield premium to bonds as the market moves into the reporting season. GARY (Growth At Reasonable Yield)... Show More
Central bank support outlook has seen the market start to stabilise after Brexit worries drove profit taking. GARY (Growth At Reasonable Yield) stocks were not immune to the Brexit selloff as markets moved to reduce risk in low growth outlook. More uncertainty in Europe and Japan will keep the US... Show More
