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

The Giant Sucking Sound – Emerging Market Capital Flows

Why Emerging Markets Really Are Different This Time

China All Alone! The PBoC Presses The Button

Global Liquidity Is Skidding: Why and What Will It Mean?

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.


Macroeconomics

MSCI AC Asia ex Japan Index (MXASJ INDEX)

<ul>
<li>Three macro-factors matter for the EM asset class</li>
<li>
Cross-border capital flows have yet to turn higher</li>
<li>Investors' risk seeking appetite has plunged, but still stands well-above previous lows</li>
<li>
US dollar likely to remain modestly firm</li>
</ul>


Three macro-factors matter for the EM asset class

Cross-border capital flows have yet to turn higher
Investors' risk seeking appetite has plunged, but still stands well-above previous lows

US dollar likely to remain modestly firm


So, When Will EM Recover?