Blue Owl hires, Perpetual wants to merge, Texas goes badass on ESG managers, The Hong Kong Exodus rolls on, Uranium jumps; Active vs Active, Side hustles and much more.
Commodity bets ride on divergence and change
Commodity prices have experienced wild swings over the past few years, and investors in commodity funds have had to be risk-tolerant.
RMB-based financial products debut
Oil contracts and Ucits funds have begun offering renminbi-based products after China scrapped some foreign exchange controls to catch up with international currency standards.
Investec: Resources sector sees better fundamentals
Natural resources-related equities will be largely supported by stable demand and improvements in business models, argues Tom Nelson, head of commodities and resources at Investec Asset Management.
Europe’s energy sector too cheap to ignore, Fidelity says
The recent oil price retreat is just noise, and large cap energy company valuations are at historical lows, according to Toby Gibb, Fidelity International’s investment director of European equities.
Investec sees structural changes in commodity companies
Instead of focusing on growth, the commodity and resources sector now stresses profitability, said Investec’s Tom Nelson.
ETF investors cashing in on oil recovery
With November’s planned production cut by the Organisation of Petroleum Exporting Countries (OPEC), global investors have sold down leveraged oil and moved to short the commodity.
HEAD-TO-HEAD: Investec vs Schroders
Fund Selector Asia compares the Investec Global Energy Fund and the Schroder ISF Global Energy Fund.
Firming oil price could buoy Russian market
Oil prices and Russia’s fiscal health are highly correlated, and if prices finally stabilise, the market should benefit, according to Egor Kiselev, who manages two Parvest Russia funds.
The benefits of commodity exposure
Asian investors tend to miss the diversification benefits of commodities, which have a low correlation to stocks, said Jodie Gunzberg, global head of commodities and real assets at S&P Dow Jones Indices.