China might seem like an unlikely candidate for innovation as it is traditionally better known for contract or original equipment manufacturing. However, with its natural advantage of a vast talent pool, financing and market access, China has most of the ingredients needed to transform into the “Silicon Valley of the... Show More
Nikko Asset Management.
Bond markets recently slapped equity investors in the face with a 50-basis point reminder of who is really in charge here. As the famous quote from James Carville goes: “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or... Show More
Over the past 15 years Australian house prices have been on an incredible run, resulting in Australian households becoming some of the most indebted in the world. So what is the economic cost of Australia’s sky high property prices and what could it mean for property prices in 2018? Show More
We recently visited the key US oil regions to speak with domestic and international oil producers, and oil field service providers. The aim being to gauge the growth potential of crude production, particularly from the major US shale plays, where supply growth has been a key contributor to investor concerns... Show More
While China is clearly of great importance to the Australian economy, it may be tempting to downplay, or even overlook, the impact that President Trump’s agenda will have on Australia. Show More
The healthcare industry is always evolving, and new therapies drive ongoing growth over and above the growth from the ageing demographic. However, it’s important that investors recognise that the sector’s growth doesn’t necessarily translate equally to each participant, for example, when new therapies displace incumbents. Three particular drivers of change... Show More
The Bank of Japan (BoJ) was effectively the first central bank to introduce ‘unconventional’ monetary policy way back in 2001. Years later, the US Federal Reserve (Fed) borrowed from the BoJ’s playbook in the aftermath of the financial crisis in 2008 in an effort to guide the US economy out... Show More