LATAM: The Conviction Overweight in a Benchmark-Driven World
LATAM remains a core and consensus overweight among active EM managers, with 85% of funds positioned ahead of the MSCI EM benchmark
334 Views
Mexican Banks – Looking Beyond Trump Policies, We See Value in Smaller Caps
Mexican banks face pressure from government and fintech challengers, but show strong results and selective value; based on our proprietary...
611 Views
Continue Adding Exposure to China; Short-Term Supports to for This ACWI-US Pullback
Continue Adding Exposure to China; $ACWI Short-Term Supports for this pullback: $128, $125-$126, and $123-$123.50. Pullbacks = buy opportunities,...
534 Views
EM Outperformance to Continue (Vs. EAFE) -- Add on a Pullback; DXY Needs to Hold Below $106
EM vs. EAFE ratio (local currency) shows EM has outperformed relative to EAFE since the $DXY peaked in November 2022. If the DXY remains below...
576 Views
Boost Research
Low GDP Growth and an Emboldened AMLO; Bad News for Mexican Banks
We see AMLO's emboldened populist project as a clear threat to bank sector returns Loan growth is slowing, in part as a consequence of sluggish...
652 Views