Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

Cam Hui has been professionally involved in the financial markets since 1985 in a variety of roles, both as a quantitative equity portfolio manager and as a sell-side analyst. He graduated with a degree in Computer Science from the University of British Columbia in 1980 and obtained his CFA Charter in 1989.

Cross-Asset Strategist & Quantitative Analyst

Pennock Idea Hub

We are creators of independent equity research. The Pennock Idea Hub team are veterans of the investment industry. Much of our team has spent their careers at Merrill Lynch, Deutsche Bank, RBC Capital Markets and Wood Gundy. We have taken every aspect of research back to the studs and returned to first principles. The Pennock Idea Hub marries the interests of the sell and buy side. 

We offer the best research for institutional investors by:

-Only publishing research from veteran analysts
-Eliminate the inherent conflicts of the traditional sell and buy side relationship
-Ensure our team is always accessible; collaboration with clients nurtures our collective success

Cross-Asset & Quantitative Research

Thematic (Sector/Industry)

United states / Thematic (Sector/Industry)

Technology stocks, and FAANG in particular, have had a remarkable run in the last decade. As we peer into 2020 and the next decade, numerous signs are appearing that this cycle of technology and FAANG leadership may be coming to an end.Bridgewater Associates founder Ray Dalio recently penned an <a href="https://www.linkedin.com/pulse/paradigm-shifts-ray-dalio/" target="_blank" rel="noopener">essay</a> calling for an investment paradigm shift. Dalio went on to forecast gold is the winner in the next investment paradigm, but there are sufficient signs that a number of investment relationships have become so stretched that they are ripe for reversal.When the turn does come, the likely winners are gold, value stocks and European equities. As well, you should expect subpar performance from technology and the bond market in the decade ahead.

Technology stocks, and FAANG in particular, have had a remarkable run in the last decade. As we peer into 2020 and the next decade, numerous signs are appearing that this cycle of technology and FAANG leadership may be coming to an end.Bridgewater Associates founder Ray Dalio recently penned an essay calling for an investment paradigm shift. Dalio went on to forecast gold is the winner in the next investment paradigm, but there are sufficient signs that a number of investment relationships have become so stretched that they are ripe for reversal.When the turn does come, the likely winners are gold, value stocks and European equities. As well, you should expect subpar performance from technology and the bond market in the decade ahead.

Peering into 2020: New Decade, New Paradigm