Independent in-depth research from Finimize, Finimize

Finimize Research

Independent in-depth research from Finimize

Finimize

Finimize is the #1 information platform for modern investors. We empower people to become smarter investors with bitesize insights from world-class analysts. 1 million+ strong community, 250 partners.

Cross Asset Strategy

<ul>
<li>Technological revolutions follow a sequence: they start with a disruptive “installation phase”, then go through a critical “turning point”, and are finally followed by a “deployment phase”.</li>
<li>According to Carlota Perez, AI isn’t the start of a new technological revolution: it’s a critical milestone in the current, longstanding “information and telecommunication” revolution.</li>
<li>Being aware of different phases is valuable when investing. It can help you play the contrarian card – staying cautious during the frenzy and making bolder bets during the downturns.</li>
</ul>


Technological revolutions follow a sequence: they start with a disruptive “installation phase”, then go through a critical “turning point”, and are finally followed by a “deployment phase”.
According to Carlota Perez, AI isn’t the start of a new technological revolution: it’s a critical milestone in the current, longstanding “information and telecommunication” revolution.
Being aware of different phases is valuable when investing. It can help you play the contrarian card – staying cautious during the frenzy and making bolder bets during the downturns.


AI And Investing In The New Technological Revolution

<ul>
<li>Ray Dalio actually made an art form of it: his All-Weather Portfolio spreads risk across economic scenarios like inflation, deflation, growth, and slowdowns.</li>
<li>You can improve on it by layering a simple trend filter on top. Do that, and the risk-adjusted returns get a serious boost: drawdowns shrink and the ride is smoother.</li>
<li>The traditional All-Weather Portfolio, 2x leveraged, delivered an 8.7% annual return with 13.8% volatility, and a Sharpe of 0.48. The trend-filtered version 8.2% return and a Sharpe 0.71.</li>
</ul>


Ray Dalio actually made an art form of it: his All-Weather Portfolio spreads risk across economic scenarios like inflation, deflation, growth, and slowdowns.
You can improve on it by layering a simple trend filter on top. Do that, and the risk-adjusted returns get a serious boost: drawdowns shrink and the ride is smoother.
The traditional All-Weather Portfolio, 2x leveraged, delivered an 8.7% annual return with 13.8% volatility, and a Sharpe of 0.48. The trend-filtered version 8.2% return and a Sharpe 0.71.


Ray Dalio’s All-Weather Portfolio Works In Any Market – And This Tweak Makes It Even Better

Cross-Asset Strategist & Quantitative Analyst, Pennock Idea Hub

Cam Hui

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

<ul>
<li>The combination of positive price and fundamental momentum points to a rally into year-end.</li>
<li>Sentiment readings are not extended, which is supportive of a beta performance chase</li>
<li>There are also early signs of a leadership shift from growth to value, indicating broadening breadth, but that’s not a necessary condition for an additional price advance.</li>
</ul>


The combination of positive price and fundamental momentum points to a rally into year-end.
Sentiment readings are not extended, which is supportive of a beta performance chase
There are also early signs of a leadership shift from growth to value, indicating broadening breadth, but that’s not a necessary condition for an additional price advance.


Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Equity Bottom-Up

China Bluechemical Ltd H / Equity Bottom-Up

<ul>
<li>Sentiment has started to wobble in the AI mega cap trade</li>
<li>Risk is elevated as bearish divergences  and rolling tops abound</li>
<li>No top yet signalled in the major US indices -  so what to do in this environment </li>
</ul>


Sentiment has started to wobble in the AI mega cap trade
Risk is elevated as bearish divergences  and rolling tops abound
No top yet signalled in the major US indices -  so what to do in this environment 


Overview #40 – Trouble in Paradise: Cracks in the AI Trade

<ul>
<li>We have heard many concerns from chartists in the past few months about the narrow nature of breadth in the U.S. equity market.</li>
<li>Investors need to distinguish between narrow relative leadership and weak breadth. While leadership is narrow, absolute breadth remains positive.</li>
<li>We reiterate our view that equity investors should adopt a barbell strategy of overweight U.S. large-cap growth and non-U.S. developed market value stocks.</li>
</ul>


We have heard many concerns from chartists in the past few months about the narrow nature of breadth in the U.S. equity market.
Investors need to distinguish between narrow relative leadership and weak breadth. While leadership is narrow, absolute breadth remains positive.
We reiterate our view that equity investors should adopt a barbell strategy of overweight U.S. large-cap growth and non-U.S. developed market value stocks.


United States

SPDR S&P 500 ETF Trust is an exchange-traded fund incorporated in the USA. The ETF tracks the S&P 500 Index. The Trust consists of a portfolio representing all 500 stocks in the S&P 500 Index. It holds predominantly large-cap U.S. stocks. This ETF is structured as a Unit Investment Trust and pays dividends on a quarterly basis. The holdings are weighted by market capitalization.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

SPDR S&P 500 (SPY US)

AI And Investing In The New Technological Revolution

Understanding the phases of technological revolutions can guide investment strategies, with AI seen as a critical milestone in the current...

Finimize Research

Ray Dalio’s All-Weather Portfolio Works In Any Market – And This Tweak Makes It Even Better

Ray Dalio's All-Weather Portfolio can be enhanced with a trend filter for improved risk-adjusted returns, reducing drawdowns, and providing a...

Finimize Research

Buy the Dip For the Year-End Rally

Positive price and fundamental momentum suggest a year-end rally, with sentiment not extended. Early signs of broadening breadth, while welcome,...

Cam Hui

Overview #40 – Trouble in Paradise: Cracks in the AI Trade

A review of recent events/data impacting our investment themes and outlook. We look at the recent negative newsflow in the AI sector and potential...

Rikki Malik

The Challenges of Narrow Breadth

Investors should focus on the positive absolute breadth in the U.S. equity market despite concerns about narrow relative leadership.

Cam Hui

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

AI And Investing In The New Technological Revolution

​Understanding the phases of technological revolutions can guide investment strategies, with AI seen as a critical milestone in the current...

Finimize Research

Ray Dalio’s All-Weather Portfolio Works In Any Market – And This Tweak Makes It Even Better

​Ray Dalio's All-Weather Portfolio can be enhanced with a trend filter for improved risk-adjusted returns, reducing drawdowns, and providing a...

Finimize Research

Buy the Dip For the Year-End Rally

​Positive price and fundamental momentum suggest a year-end rally, with sentiment not extended. Early signs of broadening breadth, while welcome,...

Cam Hui

Overview #40 – Trouble in Paradise: Cracks in the AI Trade

A review of recent events/data impacting our investment themes and outlook. We look at the recent negative newsflow in the AI sector and potential...

Rikki Malik

The Challenges of Narrow Breadth

​Investors should focus on the positive absolute breadth in the U.S. equity market despite concerns about narrow relative leadership.

Cam Hui

Understanding the phases of technological revolutions can guide investment strategies, with AI seen as a critical milestone in the current...

Ray Dalio's All-Weather Portfolio can be enhanced with a trend filter for improved risk-adjusted returns, reducing drawdowns, and providing a...

Positive price and fundamental momentum suggest a year-end rally, with sentiment not extended. Early signs of broadening breadth, while welcome,...

Investors should focus on the positive absolute breadth in the U.S. equity market despite concerns about narrow relative leadership.