Citywire: The Selection Show

The hunt for investment grade emerging market debt will tie investors’ fortunes in very closely with the Federal Reserve and mean this miss out on meaningful returns in the final months of the year.   That is the view of Raphael Kassin, who returned to the EM Insider hotseat to share his views on the current market conditions and where he thinks it makes sense to allocate given the current macroec...

The former governor of the Bank of England shares his views on inflation, independent economic thought, and the case for a genuine salary cap in soccer.   ‘A big reform is easier to implement than a sequence of small steps’. Mervyn King sat down with Citywire Selector to talk about the current state of economics, as well as his thoughts on the Bank of England’s failure to spot a crucial misstep in...

Artificial intelligence is undoubtedly one of the hottest topics for investors in 2023. But is this type of excitement over a revolutionary technology anything new?   Mike Coop, Morningstar’s CIO for Europe, Middle East and Africa, dropped into our studios to discuss this with Citywire Selector news editor Ian Heath. They talked about the history of game-changing ‘general purpose’ technologies, ho...

GIB Asset Management’s Kunal Desai joins Citywire Selector’s Krystle Higgins to discuss how after years of disappointing returns, and ‘balance sheet heartbreak’, India's moment has finally arrived, as well as his thoughts on the BJP’s internet shutdowns at a time when the country is experiencing a digital revolution.

Jacques-Aurélien Marcireau discusses how ‘super-aggressive’ marketing tactics, aped from the former US president, are permeating the corporate world and why this is muddying the waters for investors, including in the artificial intelligence space.   Marcireau, who is co-head of equities at Edmond de Rothschild Asset Management and manages its Big Data fund, also discussed which companies he thinks...

Hakan Kaya, who runs the Neuberger Berman Commodities Fund, said earlier this year the demand on resources created by the green energy transition could drive a boom in commodity costs that could see prices of key minerals like copper increase eightfold.    He sat down with Selector news editor Ian Heath to discuss the emerging commodities super-cycle, which minerals are likely to be needed most fo...

Guiness Global Investors’ Sharukh Malik spoke to Selector news editor Ian Heath about how he gets the inside story on the world’s second largest economy, including by learning Mandarin and following Chinese social media, which the Asia-focussed PM said is not as restricted as you might think.    Other topics discussed included whether China can re-stimulate its sluggish economy, the condition of i...

Citywire AAA-rated Kamil Dimmich explained to Selector’s news editor Ian Heath how he operates as a value investor in growth-dominated emerging markets and why his fund is 45% invested in Greater China. The Pacific North of South portfolio manager, who oversees investments in more than 30 emerging markets, also discussed how you can make money with ‘value traps’ and where his favourite hunting gro...

Ninety One’s Werner Guy van Pittius joins Citywire Selector’s Krystle Higgins to discuss his top plays, China’s slow rebound, and the impact increasingly hawkish US policy has on emerging market flows.

LGIM’s Andrzej Pioch, John Roe and Francis Chua dropped into Citywire’s Vauxhall studios to talk about how their multi-index fund range can offer easy access to the diversification investors need at a time of heightened volatility.   The trio also discussed which assets they think are most appealing at this time of uncertainty and addressed an age-old question: which is better, active or passive i...

PODCAST: GMO’s Tina Vandersteel and Carl Ross join Citywire Selector’s Krystle Higgins to discuss how emerging markets can leverage a banking crisis, and recession. As well as their outlook for local currencies, and the possibility of China’s struggling Belt and Road project driving countries into distressed debt.

LONDON: In the latest episode of EM Insider, Raphael Kassin explains why he feels optimistic about Nigeria as an investment opportunity despite concerns around how the presidential elections could impact its credit conditions.

Redwheel’s John Malloy and Citywire’s Krystle Higgins discuss how he managed 2022, and what lessons can be learned from what was an unprecedented year of volatility within the markets. ‘Our position on China lost us money this year, but we think Chinese equities are at an inflection point.’ In the latest episode of this series, outperforming EM equities portfolio manager, John Malloy, and Citywire...

FOMO fears. ESG anguish. Turning musicology into automation-led investing. These are just three of the many topics our various podcasts touched upon this year. In this look back, you can hear how heavyweights such as Jeremy Grantham have shaped their strategies, as well as what the emerging world has done to combat inflation. This is The Selection Show: A Year in Review.

Ninety One’s Juliana Hansveden and Citywire’s Krystle Higgins discuss navigating negative externalities and ESG issues within sustainable EM investing. ‘Sustainability within EM means identifying growth opportunities and the risks attached.’ In the latest episode of this series, EM sustainable equities portfolio manager, Juliana Hansveden, and Citywire Selector’s Krystle Higgins discuss how Hansve...

Francisco Garcia Parames led Spanish family office Bestinver to be a power player in value investing. However, Parames also serves as a perfect example of how the title of ‘star manager’ can come with both pros and cons. In this podcast, we take a deep dive into the power of Parames – his performance and personality. How he evaded both the dotcom bubble and the Great Financial Crash, as well as he...

The 20th Chinese Communist Party Congress has not done much in the way of easing the nerves of investors or the global financial markets, with Xi Jinping packing his leadership team with loyalists, as well as not giving a clear sign as to when the country’s zero-covid policy might end. In this latest episode, Raphael Kassin shares his immediate takeaways from the congress, as well as his thoughts...

Raphael Kassin and Citywire’s Krystle Higgins discuss what it would take for him to reinvest in Chinese debt, as well as why he will never back the Euro. ‘I would never put my money into Euros, because I struggle to understand how Europe functions’ In the latest episode of this series, Raphael Kassin and Citywire Selector’s Krystle Higgins discuss the latest moves by the Fed, along with what it wo...

Citywire's head of ESG and cross-border research Nisha Long and Mary Ann Sieghart, author of The Authority Gap: Why Women are Still Taken Less Seriously Than Men, and what We Can Do about it, take a closer look at the main findings. The number of women managing active mutual funds has all but ground to a halt in the past year. In this episode, Dr Nisha Long shares the report's main findings with M...

As regulation around sustainability becomes stricter, asset managers are increasingly looking to hire staff with specialised skills, such as climate risk modelling.    In this episode of the Let’s Talk About ESG podcast, Ian Povey-Hall, global head of sustainable finance and impact investing at Acre, explains why investment firms are seeking a different kind of professional when hiring portfolio m...

‘I’ve changed my mind on China.’ Raphael Kassin explains why he feels cautious about a disruptive new global era, while maintaining it is time to pile into EM debt. In this episode, Kassin talks to Krystle Higgins about the latest diametrically opposing views of JP Morgan and Morgan Stanley as to whether now is the time to heavily invest in EM or take a more defensive approach. Kassin, also shares...

Tensions between China and the US have escalated once more, as Beijing extends its military drills around Taiwan, adding more uncertainty to what has already been a rocky road for the EM markets this year. In the latest bonus EM Insider episode, EM veteran John Malloy from Redwheel talks through his position as a US based investor who is currently overweight in China, as well as his own prediction...

Even those with a physical copy of the Swiss firm’s conflict of interest policy couldn’t believe what had happened. ‘If you lose the confidence of your clients, you lose everything’. The impact of the Tim Haywood scandal on GAM as a company was apparent, but what about investment professionals either invested with or closely monitoring the Swiss company? In the second part of our special podcast,...

Sri Lanka has declared a state of emergency amid protests following the country's recent economic crisis, which saw the president flee the country. Many are now asking whether Sri Lanka is the 'canary in the EM coal mine'. In the latest EM Insider episode, emerging market debt expert, Raphael Kassin, talks us through the lessons that investors can take from this crisis, the clues of the pending cr...

The suspension of Tim Haywood will go down as a landmark moment in the history of Swiss asset management firm GAM. But, what was the situation prior to the event and how have things changed in the four years since the head of its absolute return bond unit was dismissed. In this two-part series, Citywire’s Chris Sloley and Niamh Doyle recount the lead-up to the shock announcement in July 2018, what...