In recent years, investor sentiment toward China has undergone a remarkable transformation, from maximum exposure to a significant scaling back of investments.
Jim Caron, CIO of the Portfolio Solutions Group, shares his macro thematic views on key market drivers.
A combination of ebullient and concentrated markets makes for a challenging investment environment, particularly in relative terms. The International Equity team’s response is to continue to think in absolute terms, be fussy on both quality and valuation, and look to compound over the long run.
As the 2024 proxy season kicks off, the Morgan Stanley Investment Management Global Stewardship Team highlights three key themes: Natural Capital and Biodiversity, Workers’ Rights, and Artificial Intelligence (AI) that we believe will be high on the agenda for investors.
Most investors “price” the stocks of companies by using valuation multiples instead of “valuing” them based on future cash flows and fundamentals.
India is undergoing a significant transformation to strike a balance between economic growth and sustainability, revamping its environmental reputation.
Developed market yields were slightly lower over the month, as the market seemingly took the Fed’s word that it is still on track for three rate cuts this year and that the terminal rate would remain around the 3.25% level.
Jitania Kandhari, Deputy CIO, Solutions & Multi Asset Group; Head of Macro & Thematic Research, Emerging Markets; Portfolio Manager, Passport Equity, believes oil is an underappreciated, underinvested and undervalued commodity in 2024.