After a necessary correction, the dollar looks to have stabilised
Mark Tinker
AXA Investment Managers
Most equity markets were lower last week except China. The impact of the end of the quarter and the end of the Japanese financial year continue to be felt, with a shortened week for Easter exaggerating the impacts for the next two weeks. With little momentum, noise traders take over and the importance of Fed actions becomes exaggerated, and nerves are heightened about signs of bear steepening in the US. • As the S&P approaches earnings season, markets are nervous of high multiples – this is the classic ‘sell in May’ mind set as we look into Q2. With poor liquidity almost everywhere, this suggests a pickup in volatility. The Japanese market is looking increasingly interesting however, from both a top-down and a bottom-up perspective. Read my weekly report, Market Thinking here: (VIEW LINK)
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AXA Framlington takes an active, fundamental approach to investing. We are high conviction investors with an entrepreneurial mindset that is grounded in intensive company research and bottom-up stock selection as a primary source of added value. Our organisation and investment approach relies on the following investment principles: Dedicated to Proprietary Research: Fundamental research is at the heart of our idea generation and stock selection process Experienced team with significant resources: 50 portfolio managers with over 16 years investment experience supported by dedicated specialist teams and shared resources High Active Share: Portfolio construction reflecting strong conviction within a solid risk framework Accountability: Portfolio Managers are fully empowered to make decisions and fully accountable for results Integrated Risk Management: Direct support from dedicated Specialist Risk Team throughout our investment process
Mark Tinker
Fund Manager
AXA Investment Managers
AXA Framlington takes an active, fundamental approach to investing. We are high conviction investors with an entrepreneurial mindset that is grounded in intensive company research and bottom-up stock selection as a primary source of added value. ...
Expertise
No areas of expertise
Mark Tinker
Fund Manager
AXA Investment Managers
AXA Framlington takes an active, fundamental approach to investing. We are high conviction investors with an entrepreneurial mindset that is grounded in intensive company research and bottom-up stock selection as a primary source of added value. ...
Expertise
No areas of expertise
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