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Managing Director, MTS Research

Peter Beuttell

Managing Director

MTS Research

MTS Research Limited is an independent investment research company specialising in technical analysis. 

MTS Research provides technical analysis services in the form of regular publications and consultancy advice, catering for a number of different investment approaches from absolute or relative returns to long-only and long/short.  The company has a global client base of blue-chip financial institutions ranging in size and stretching from Los Angeles to Tokyo, via New York, London, Frankfurt and Hong Kong.  

MTS was founded in 1989 at the request of Morgan Grenfell Investment Services Limited (MGIS), the ERISA arm of Morgan Grenfell Asset Management (subsequently Deutsche Asset Management), by Peter Beuttell, a Portfolio Manager at MGIS between 1987 and 1989. 

Peter is a qualified Chartered Accountant and self-taught market technician with over 30 years experience.  At MGIS, Peter managed money in European, Australasian and Far East markets for US clients, such as American Airlines and American Petrofina.  He achieved first quartile perfomance on their behalf by blending fundamental and technical analysis in his investment decision-making.  

After an initial focus on the EAFE markets (Europe, Australasia and Far East), the company has recently expanded its coverage to include the Americas, thanks to the recently-completed two-year Knowledge Transfer Partnership with the University of Plymouth.  The resulting software – the Technical Overlay Program (TOP) – allows fund managers to access an immediate Technical view on any market, sector, stock, bond yield, currency or commodity within their selected universe.

MTS Research consists of a team of five based in Penzance and London. 

Technical Analysis

<p>The markets’ response to the February sell-off has been poor, producing in many cases what looks like a bear market rally.  Europe in particular contains a number of toppy patterns, which have begun to break downwards, and the sharp drop in the FANG stocks could also be part of top-building.  We came into 2018 looking for the end of the post-2009 bull market, and a number of indices are signalling just that.</p>

The markets’ response to the February sell-off has been poor, producing in many cases what looks like a bear market rally.  Europe in particular contains a number of toppy patterns, which have begun to break downwards, and the sharp drop in the FANG stocks could also be part of top-building.  We came into 2018 looking for the end of the post-2009 bull market, and a number of indices are signalling just that.

MSCI AC Asia Pacific Excluding Japan Index (MXAPJ INDEX)

MSCI AC Asia Pacific Excluding Japan Index

S&P 500: A Dozen Reasons for Not Being Too Complacent Here

S&P 500 INDEX

S&P 500: A Dozen Reasons for Not Being Too Complacent Here