Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Macroeconomics

We are overweight Japanese equities and expect the stock market to outperform from here as investors hedge against regional peers more dependent on exports for growth and exposed to China. Rising global trade tensions are taking their toll on Japanese business sentiment but not on corporate profitability, investment spending and payrolls. This bodes well for domestic demand and the resilience of the business cycle upswing, which is gaining momentum. That alone is a good reason for increasing exposure to Japanese equities.

We are overweight Japanese equities and expect the stock market to outperform from here as investors hedge against regional peers more dependent on exports for growth and exposed to China. Rising global trade tensions are taking their toll on Japanese business sentiment but not on corporate profitability, investment spending and payrolls. This bodes well for domestic demand and the resilience of the business cycle upswing, which is gaining momentum. That alone is a good reason for increasing exposure to Japanese equities.  

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

We provide a comprehensive technical appraisal of the ETF universe, across markets, industry sectors and asset classes. We also highlight the most technically significant ETF charts along with constituent charts to help investors identify significant trends and their component drivers.

We provide a comprehensive technical appraisal of the ETF universe, across markets, industry sectors and asset classes. We also highlight the most technically significant ETF charts along with constituent charts to help investors identify significant trends and their component drivers.

Global ETF Synopsis: Highlighting Technical Trends Across the ETF Universe

We are overweight Japanese equities but the stock market’s performance so far this year has been disappointing in our view. The Nikkei 225, up 0.4% current year to date, is arguably Asia’s best performing market this year but the index has been treading water since May. We believe that we are reaching a break out point and this is the time to overweight Japanese equities, if you are not in there already.

We are overweight Japanese equities but the stock market’s performance so far this year has been disappointing in our view. The Nikkei 225, up 0.4% current year to date, is arguably Asia’s best performing market this year but the index has been treading water since May. We believe that we are reaching a break out point and this is the time to overweight Japanese equities, if you are not in there already.

Japan Outlook - Every Reason To Overweight

News headlines have been dominated by the escalating trade war, concerns that Chinese growth is slowing and that the best is behind for the global economy. Add to this rising US interest rates, elevated global oil prices, the re-instatement of US sanctions on Iraq and the deepening currency crisis in Turkey and there is really no shortage of bad news. Markets are jittery is say the least. Investors need to ignore what is simply noise and focus on facts and reality. Lets go through what we do…

News headlines have been dominated by the escalating trade war, concerns that Chinese growth is slowing and that the best is behind for the global economy. Add to this rising US interest rates, elevated global oil prices, the re-instatement of US sanctions on Iraq and the deepening currency crisis in Turkey and there is really no shortage of bad news. Markets are jittery is say the least. Investors need to ignore what is simply noise and focus on facts and reality. Lets go through what we do…

Asia Trade & Growth - Separating Facts From Noise

Concerns about Asian external debt sustainability and corporate foreign currency leverage are overblown. If investors are worried about the EM6 group of countries ((Argentina, Brazil, Mexico, Venezuela, Turkey and South Africa) it is with good reason. Asia is a different story altogether. Regional fundamentals are strong. There are a few warning flags but none that suggest that an external debt crisis is about to engulf the region.Stress testing for vulnerability – Summary resultsWe start off…

Concerns about Asian external debt sustainability and corporate foreign currency leverage are overblown. If investors are worried about the EM6 group of countries ((Argentina, Brazil, Mexico, Venezuela, Turkey and South Africa) it is with good reason. Asia is a different story altogether. Regional fundamentals are strong. There are a few warning flags but none that suggest that an external debt crisis is about to engulf the region.Stress testing for vulnerability – Summary resultsWe start off…

EM External Debt Sustainability Scoreboard - Asia Stands Out

Japan

iShares MSCI Japan ETF is an exchange-traded fund incorporated in the USA. The ETF's objective seeks to provide investment results that correspond to the performance of the Japanese market, as measured by the MSCI Japan Index. The ETF invests in a representative sample of index stocks in a variety of sectors using a market cap weighted "portfolio sampling" technique.

iShares MSCI Japan ETF (EWJ US)

Japan Equities - Time To Shine

We are overweight Japanese equities and expect the stock market to outperform from here as investors hedge against regional peers more dependent on...

Sharmila Whelan

Global ETF Synopsis: Highlighting Technical Trends Across the ETF Universe

We provide a comprehensive technical appraisal of the ETF universe, across markets, industry sectors and asset classes. We also highlight the most...

Vermilion Research

Japan Outlook - Every Reason To Overweight

We are overweight Japanese equities but the stock market’s performance so far this year has been disappointing in our view. The Nikkei 225, up 0.4%...

Sharmila Whelan

Asia Trade & Growth - Separating Facts From Noise

News headlines have been dominated by the escalating trade war, concerns that Chinese growth is slowing and that the best is behind for the global...

Sharmila Whelan

EM External Debt Sustainability Scoreboard - Asia Stands Out

Concerns about Asian external debt sustainability and corporate foreign currency leverage are overblown. If investors are worried about the EM6...

Sharmila Whelan