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  • 15 October 2018

    Why we are not seduced by US equities

    So far this year a significant overweight exposure to US equities would have benefited portfolios. Charles Hepworth outlines why he is now taking a more global view, allocating away from the US, which he views as looking overvalued.

  • china-equities-icon

    Tuesday, March 20, 2018

    China: Evolution, Not Revolution

    Jian Shi Cortesi, portfolio manager for China and Asia equity strategies, takes a look at China’s transition to a consumer-driven economy and its significance for the world’s second-largest economy.

  • china-brakes-icon

    Tuesday, February 27, 2018

    China: Gently Applying the Brakes

    He’s a few months into his new term as re-elected president, so how is China’s President Xi Jinping continuing to shape the world’s second-largest economy for the future? Investment director, Michael Lai takes a look.

  • year-of-the-dog-icon

    Thursday, February 15, 2018

    Year of the Dog

    The Chinese New Year begins on 16 February 2018, when we enter the Year of the Dog, which in Chinese astrology symbolises positive traits such as loyalty, honesty and faithfulness. The dog itself is also viewed as a lucky animal by the Chinese. Michael Lai, investment director, considers whether the Year of the Dog will be a good one for investors.

  • rise_rise_em_icon

    Monday, February 12, 2018

    The European Catch-up Trade

    European equities delivered solid returns in 2017. But, as GAM Investments’ Niall Gallagher points out, performance was actually much stronger than it appears at first glance and there could be considerably more to come.

  • japan-sun-icon

    Monday, February 05, 2018

    Japan: The Sun Rises Again

    The Nikkei 225 index, Japan’s most widely quoted barometer of stock market health, has endured many ‘red’ days since peaking at a level above 38,000 points almost three decades ago. However, it is currently enjoying something of a ‘black’ renaissance, having reached a 26-year high in early January. GAM investments’ Ernst Glanzmann and Reiko Mito explain why they believe there could be much further upside to come.

  • china-minsky-icon

    Thursday, January 04, 2018

    China: Averting a Minsky Moment

    Rather than seeing a sudden collapse of asset prices, GAM Investments’ Michael Lai believes that certain areas of the Chinese economy will continue to expand robustly, broadly underpinning the equity market.

  • japan-election-icon

    Thursday, September 28, 2017

    Snap Election in Japan: An Investor’s View

    On Monday Prime Minister Shinzo Abe announced his plans to dissolve the lower house of Japan’s parliament on 28 September and to call a snap election in October. What will be the impact for markets against the backdrop of encouraging fundamentals but prevailing tensions with North Korea?

  • david-and-goliath-icon

    Thursday, July 13, 2017

    The David and Goliath Aspects of China’s A-share Market

    Tim Love, investment director for emerging market equities, considers the significance of the inclusion of China A-shares in the MSCI Emerging Markets index.

  • em-why_now_icon

    Thursday, May 11, 2017

    EM – Why Now?

    Tim Love, investment director at GAM, discusses the outlook for emerging market equities in 2017 and analyses where the best opportunities are likely to lie in a turbulent political landscape.

  • rise_rise_em_icon

    Tuesday, January 24, 2017

    Emerging Markets: Another Year, Another Opportunity

    Paul McNamara, investment director responsible for GAM’s emerging market strategies, looks ahead to 2017 and reflects that the likely drivers of EM local currency bond markets are the same ones that led to overall outperformance last year.

  • china-stabilising-fundamentals-icon

    Thursday, January 12, 2017

    EU Equities – Selection is Key

    As featured on Investment Week, Niall Gallagher, Investment Director for European equities at GAM, explains why European companies continue to offer investors interest opportunities for returns in 2017, but warns that careful stock selection will be key.

  • hidden-indicators_icon

    Tuesday, January 03, 2017

    After the BRICs, it’s Time to Focus on the VARPs

    Tim Love, Investment Director for emerging market equities at GAM, considers the major growth opportunities offered by Vietnam, Argentina, Romania and Pakistan.

  • 15-years-of-the-euro-icon

    Thursday, December 29, 2016

    15 Years of the Euro

    New Year’s Day will mark 15 years since the physical euro currency was implemented. Joachim Corbach, Head of Currencies & Commodities at GAM, considers the politics behind the introduction of the single currency, its future and what this means for investors.

  • brazil_opportunity_icon

    Tuesday, December 13, 2016

    Is There Anything Left for Fixed Income Investors in Brazil?

    Denise Prime, Investment Manager, examines the potential for Brazil to outperform in 2017 and the opportunities for fixed income investors.

  • the-consumer-takes-over-icon

    Friday, December 09, 2016

    The Consumer Takes Over

    A Q&A with Jian Shi Cortesi, who has been managing a consumer-focused China equity strategy for three years.

  • european-equities-icon

    Thursday, December 01, 2016

    Contagion? Probably Not

    Global equity manager Robert Smithson outlines his views on the potential outcomes and implications of the upcoming elections and referendums across Europe.

  • chinese-equity-rally-imminent-icon

    Tuesday, November 29, 2016

    Chinese Equity Rally Imminent?

    Chinese shares rallied following the Trump election outcome and in contrast to most other emerging markets. GAM’s Asia-Pacific equity manager Michael Lai, who also runs a dedicated China portfolio, explains why he sees Chinese stocks well positioned for further upside.

  • icon_china

    Tuesday, November 22, 2016

    Connecting China's Exchanges

    Jian Shi Cortesi, investment manager for Chinese equities at GAM, discusses the development of the Shanghai-Hong Kong Stock Connect Programme as it celebrates its second year anniversary.

  • saudi-arabia-icon

    Tuesday, November 15, 2016

    Saudi Arabia Delights Investors

    Saudi Arabia’s first-ever US dollar government bond issuance - the largest emerging market sale in history – has caused a stir in financial markets. Amy Kam, a GAM fixed income portfolio manager, explains the wider significance for Saudi Arabia and investors.

  • japan-innovation-revival-icon

    Tuesday, November 01, 2016

    Innovation and Robotics Inspire Japan’s Revival

    Reiko Mito shares some surprising insights and experiences from her recent trip to Japan.

  • china-demystified-icon

    Monday, October 24, 2016

    Why China’s Debt Swap Is Good for Stocks

    Despite initial scepticism, the debt-to-equity swap program is good news for banks. Michael Lai, investment director.

  • russian-equities-icon

    Thursday, October 06, 2016

    Russian Rally: Can it Continue?

    Can the rally in Russian equities continue? Erdinç Benli looks at risks and opportunities.

  • em_debt_icon

    Thursday, September 22, 2016

    Emerging Market Debt – Stronger for Longer

    Interest in emerging market (EM) assets is returning. With yields in developed bond markets almost non-existent, emerging debt looks particularly attractive. Paul McNamara, investment director for emerging market debt at GAM, explains why he still sees plenty of upside, despite a strong run so far this year.

  • peripheral-banks_icon

    Thursday, September 15, 2016

    EM Corporate Debt Presents Selective Opportunities

    As featured on the FT’s beyondbrics, Portfolio Manager Dorthe Fredsgaard Nielsen evaluates investment opportunities in EM corporate debt.

  • india-to-ride-gst-uptick-icon

    Friday, September 02, 2016

    India To Ride GST Uptick

    India's Goods and Services Tax bill represents a major milestone for the country's economy. Madhav Bhatkuly discusses its impact on domestic business transactions and benefits for the Indian equity market.

  • five_stars_icon

    Tuesday, August 09, 2016

    Confusion under the (Five) Stars

    GAM’s Carlo Benetti looks at the current developments in Italy and where it might lead the country.

  • european-equities-icon

    Monday, August 08, 2016

    Niall Gallagher on European Equities

    Monthly commentaries from Niall Gallagher, investment director of European Equities.

  • em-and-the-uk-referendum-icon

    Thursday, July 07, 2016

    Emerging Markets and the UK Referendum

    GAM Investment Director Paul McNamara looks at the impact of Britain’s surprise ‘leave’ vote on emerging market debt.

  • uk-stocks-brexit-icon

    Monday, July 04, 2016

    UK Stocks After Brexit

    Chris Morrison, investment manager, explains his views on the UK’s recent referendum result and its potential impact on the UK economy and equity market.

  • robust_japanese_corporates_icon

    Tuesday, June 28, 2016

    Japan – Keep it Simple

    Ernst Glanzmann, head of Japan equities at GAM, explains why he believes only old-fashioned, bottom-up, long-term investing leads to sustainable outperformance.

  • brexit_insights_icon

    Thursday, June 23, 2016

    Investor Brexit Risk

    Nearly two thirds of investors see Brexit as the biggest risk to the global economy over the next year.

  • china-demystified-icon

    Wednesday, June 15, 2016

    China Demystified

    China remains a mystery for many investors. Lately, the decisions taken by the authorities to steer the command economy seem more erratic and harder to predict. Michael Lai, GAM’s Hong Kong-based investment director for Asian equities, explains how his observations on the ground tie in with the news headlines.

  • siren-song-icon

    Wednesday, June 15, 2016

    Beware the Siren Song of ‘value’

    The outperformance of ‘growth’ versus ‘value’ has been a persistent feature of the European equity market since the market bottomed in March 2009, highlights Niall Gallagher, investment director.

  • german_stocks_icon

    Thursday, June 09, 2016

    A Fresh Look at German Stocks

    What are the benefits of investing in the German stock market? Portfolio Manager Oliver Maslowski addresses this question in his new book "German Stocks – The future of saving. Understanding and benefiting from the DAX."

  • rise_rise_em_icon

    Tuesday, June 07, 2016

    The Rise & Rise of Emerging Markets

    After a very strong start to the year for emerging market bonds and currencies, some investors have been taking profits. But the next leg of the rally may be just around the corner, say Paul McNamara and Michael Biggs.

  • eu_equities-icon

    Friday, June 03, 2016

    Are European Equities Still a Buy in 2016?

    Niall Gallagher, investment director at GAM, explains why European equities are poised for a buoyant recovery, led by stronger than expected earnings growth.

  • em-stocks-us-rates-icon

    Friday, May 20, 2016

    EM Stocks Vs US Rates

    Investment Director Tim Love explains why rising US rates could be the catalyst investors have been waiting for to trigger an emerging market rebound rally.

  • tighter_monetary_policy_icon

    Tuesday, April 12, 2016

    The Comeback of Value

    Hans Ulrich Jost, investment manager for European equities, explains why he believes that value stocks have finally started to stage a comeback after years of underperformance versus growth stocks.

  • the-future-belongs-to-robots-icon

    Monday, April 11, 2016

    Made in Japan: The Future Belongs to Robots

    Ernst Glanzmann, investment manager for Japanese equities, takes a closer look at companies based in Japan, in particular manufacturers in the robotics and automation technology sectors, which are benefiting from increasing demand from emerging economies.

  • china-stabilising-fundamentals-icon

    Tuesday, April 05, 2016

    China: Stabilising Fundamentals

    Michael Lai, Investment Director for Asia-Pacific and Chinese equities, is seeing signs of a turnaround in both sentiment and fundamentals in China. He explains why he is encouraged by the Chinese government’s latest decisions, and on which areas he believes the government needs to focus on now.

  • icon_china

    Tuesday, March 22, 2016

    China: No News is Good News

    The National People's Congress (NPC) in China ended without any major surprises. Jian Shi Cortesi, investment manager for Chinese equities at GAM, explains why she believes this to be encouraging.

  • robust_japanese_corporates_icon

    Thursday, March 10, 2016

    Robust Japanese Corporates

    Ernst Glanzmann, manager of GAM’s Japanese equity strategies, takes a look at Japanese corporates and sees attractive opportunities on the horizon.

  • india_icon

    Tuesday, February 16, 2016

    'Make in India Week' to Showcase Investment Opportunities

    As the Indian government trail blazes its way through a highly anticipated reform process, the country is set to host a landmark event ‘Make in India Week’ this month in the heart of India’s investment hub, Mumbai.

  • icon_china

    Tuesday, February 16, 2016

    China Confidence Crisis

    Chinese markets had a weak start to the year in line with the sell-off in most global risk assets in January.

  • icon_china

    Tuesday, February 02, 2016

    China Monkey Business?

    How will developments in China affect energy, EM and luxury sectors in the year ahead?

  • brazil_opportunity_icon

    Tuesday, January 26, 2016

    Brazil – Opportunity Among Upheaval

    Brazil had a torrid 2015 on all fronts, with no short-term cures in sight. However, nimble and flexible investors in particular could benefit from potential mispricings and false expectations, says Denise Prime, portfolio manager for local emerging market debt at GAM.

  • 5-things-to-watch-icon

    Tuesday, January 19, 2016

    Beyond Macro - Outlook for European equities

    Niall Gallagher, investment director, shares his views on why he remains bullish on European stocks.

  • sweden_inflation_icon

    Friday, January 15, 2016

    The Riksbank's Inflation Obsession

    Sweden’s central bank, the Riksbank, has an obsession with inflation and appears willing to do whatever it takes to raise it as quickly as possible. Adrian Owens, Investment Director, and Alistair Wallace, Investment Manager, consider implications for the rates and currency markets.

  • swiss-francs-icon

    Tuesday, January 12, 2016

    Franc Shock 2.0?

    A year after the Swiss National Bank roiled markets by abandoning its cap on the Swiss franc, Joe Corbach, Head of Currencies and Commodities at GAM in Zurich, considers implications of another franc shock.

  • darkness-before-dawn-icon

    Thursday, January 07, 2016

    Darkness Before Dawn

    If an emerging market equities manager told you that the latest pullbacks have provided all the more reason to enter the market, would you roll your eyes? Perhaps, but we shouldn’t rely solely on historic data for investment decision, as current numbers suggests it may be riskier to be ‘out’ of the market than to be ‘in’ it. Tim Love, Investment Director, investigates.

  • russian-equities-icon

    Tuesday, December 15, 2015

    Who is Scared of Russian Stocks?

    What might 2016 bring for Russian equities? Erdinç Benli looks at risks and opportunities.

  • peripheral-banks_icon

    Friday, December 04, 2015

    Peripheral EU Banks' Turnaround

    Davide Marchesin, Investment Manager, takes a look at peripheral European financials and sees attractive opportunities on the horizon.

  • us_profits_icon

    Tuesday, November 24, 2015

    US Profits: A Straw In The Wind

    Corporate profitability in the US has enjoyed secular and cyclical tailwinds that have helped margins rise to historically very high levels. Now the future might appear less rosy.

  • agentina_icon

    Wednesday, November 18, 2015

    Argentina: Let's Change

    As Argentina prepares for presidential elections, Denise Prime and Tim Love explore what is really at stake for the country.

  • cortesi

    Friday, November 13, 2015

    Shanghai-Hong Kong Programme Misses Connection with Investors

    The introduction of the Shanghai-Hong Kong Stock Connect last year represented a major turning point for China’s stock market, but interest in the programme has fallen short of investor expectations.

  • icon_turkey

    Monday, November 02, 2015

    Turkey's Election Outcome: AKP Wins Majority

    Erdinç Benli comments on Turkey’s election outcome.

  • icon_turkey

    Thursday, October 15, 2015

    Political uncertainty weighs on Turkey's economy and equities market

    Erdinç Benli comments on the economic and stock market impact of Turkey’s impending election.

  • icon_china

    Tuesday, October 13, 2015

    A guide to investing in China

    Jian Shi Cortesi, Investment Manager of the Julius Baer China strategy, discusses the current landscape of Chinese equities, gives advice on the top ways to invest here and an outlook for the market in light of the market’s recent turbulence.

  • mcnamara_paul

    Wednesday, September 16, 2015

    Brazil Downgrade

    Paul McNamara, Investment Director at GAM, talks downgrades, yields and wake-up calls.

  • puntillo

    Friday, August 28, 2015

    Emerging markets are not all alike - selection offers attractive fixed income opportunities

    Enzo Puntillo, Investment Director, on why selection offers attractive fixed income opportunities.

  • lai

    Monday, August 03, 2015

    China: Reform story still intact

    Comment from Michael Lai, Investment Director, GAM

  • lai

    Friday, July 10, 2015

    Chinese equity sell-off spurs investor concerns

    Comment from Michael Lai, Investment Director

  • bhatkuly

    Friday, July 03, 2015

    India – bureaucracy finally declared Enemy of the State

    Comment from Madhav Bhatkuly, founder and CIO of New Horizon Investments

  • maslowski

    Wednesday, July 01, 2015

    German companies expected to deliver up to 10% profit growth in 2015

    Comment from Oliver Maslowski, Investment Director

  • Erdinç Benli

    Wednesday, June 03, 2015

    Elections in Turkey: Single-party government since 2002 may be at risk

    Single-party government since 2002 may be at risk. Erdinç Benli discusses the election.

  • williams

    Tuesday, April 21, 2015

    Japan's corporate governance code, cross-holdings and shareholder returns

    Ben Williams, Investment Director, responsible for GAM’s Japan equity strategies, explains why the new Corporate Governance Code could be positive for investors.

  • mcnamara_paul

    Wednesday, March 25, 2015

    Brazil: Real problems

    Paul McNamara examines Brazil’s standing within the BRICs economic region, the impact the commodity sell-off has had on the market and where investment opportunities might lie.

  • bhatkuly

    Friday, March 06, 2015

    Indian budget and economic survey lay the foundations for a multi-year bull market

    Comment from Madhav Bhatkuly, CIO at New Horizon Investments, who manages a specialist Indian equity strategy for GAM.

  • lai

    Wednesday, January 07, 2015

    Reform vs. growth in China

    In 2014 Chinese equities have largely been driven by sentiment and the government's constant tug-of-war between its reformist agenda and the quest for growth, rather than pure fundamentals.

  • williams

    Tuesday, October 14, 2014

    Japanese equities: Share buybacks and rising dividends

    Share buybacks and rising dividends.

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