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

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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.


Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul>
<li>Emerging Markets are well-supported by Liquidity</li>
<li>EM equity/ liquidity ratio is undemanding at 0.38 times</li>
<li>No evidence of ‘huge’ foreign selling in early 2021</li>
<li>No clear signs of Chinese tightening</li>
<li>February 2021 sees largest net liquidity injections into Chinese economy for a year</li>
</ul><p><strong> </strong></p>


Emerging Markets are well-supported by Liquidity
EM equity/ liquidity ratio is undemanding at 0.38 times
No evidence of ‘huge’ foreign selling in early 2021
No clear signs of Chinese tightening
February 2021 sees largest net liquidity injections into Chinese economy for a year
 

Latest Data Tell A Different Story About Emerging Markets