Cross-Asset Liquidity Strategist, CrossBorder Capital

Michael J. Howell

CrossBorder Capital an investment advisory firm specialising in macro-investing. Founded in 1996 with an international client base, CrossBorder focuses on monitoring and understanding global liquidity and capital flows. Our proprietary databases (available to clients) cover 80 countries in depth from 1980 onwards. We take a systematic quantitative methodology that uses this data with AI models to predict financial market movements. The efficacy of our data has been independently verified, and we have an associated but separate asset management division.

Cross-Asset Liquidity Strategist

Covid-19/Economy/US-China/China-India/Chips

Supply Side Recovering, but Sluggish Demand Will Exacerbate Excess Capacity

Politics Aside: China’s Latest Economic Indicators

Implementing Research Using Alt Data & AI

CrossBorder Capital

CrossBorder Capital is a London-based independent investment advisory firm. Founded in 1996, it exploits a gap in the investment arena by focusing on Central bank liquidity. 

It specialises in the monitoring and analysis of global liquidity flows - an important determinant of asset prices, from currencies through to bonds, equities and real estate.

CrossBorder Capital implements its investment strategy and currently manages over US$ 350m.


Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>PBoC is easing through the ‘backdoor’ while keeping its balance sheet flat</li>
<li>Directed lending programs are fueling a step-up in credit growth</li>
<li>20% annualized pick-up in lending fastest since early-2016</li>
<li>Chinese equity exposure in portfolios relatively low. Risk assets look attractive</li>
<li>EM should also benefit from Chinese easing</li>
</ul>


PBoC is easing through the ‘backdoor’ while keeping its balance sheet flat
Directed lending programs are fueling a step-up in credit growth
20% annualized pick-up in lending fastest since early-2016
Chinese equity exposure in portfolios relatively low. Risk assets look attractive
EM should also benefit from Chinese easing


Shanghai Stock Exchange Composite Index (SHCOMP INDEX)

Chinese Easing Drives Next Phase of Liquidity-Driven Boom. Could EM Soar?