Global Equity Strategy: Overhead Resistance Looms
The broad global indexes (MSCI ACWI, ACWI ex-US, and EAFE) remain near logical resistance as investors await monetary policy decisions from the ECB...
497 Views
A Tactical Tilt at Interest Rate Sensitives
We remain underweight interest rate sensitive stocks. The rise in global yields has been driven by Fed policy alone, and this looks set to continue...
107 Views
Auckland Airport's Wide Moat and Attractive Valuation Makes It Our Preferred Pick Versus Sydney
We reiterate our narrow moat rating for Sydney Airport (SYD AU) and wide moat rating for Auckland Intl Airport Ltd (AIA NZ). We believe both enjoy...
172 Views
A Closer Look at the Cut to Payout
In our post-reporting season note, we highlighted how payout ratios were cut in FY17 but guided to rebound in FY18. The additional capital from...
123 Views
Clouds Ahead for Foreign Aircraft Sales in China?
Aircraft manufacturers Airbus and Boeing are bullish about sales prospects in Asia, but is it a bit too early to write off China's aerospace...
259 Views