Examining the biases, constraints and rebalancing within widely used indices

Discusses the surprise announcement by the People's Bank of China (PBOC) to inject liquidity into capital markets in a set of easing measures designed to support the housing and stock markets.

This paper discusses how shifting Japanese monetary policy reflects growing confidence in the economy and how yen appreciation may face structural hurdles. While the weak yen has been a huge benefit for exporters, corporate Japan continues to embrace reforms to improve governance and unlock value from balance sheets, all of which benefits shareholders.

This paper discusses our approach to stock picking within a Growth equity framework, new opportunities and trends in the investment landscape, and the importance of investing through the cycle in companies with durable earnings.