2017 Global Asset Allocation
US Equities again proved to be the best performing major asset class with a return of 12% in 2016. During the year we experienced rapid sector rotations with large swings Read More
Each quarter we explore a topic that we believe is relevant for our clients in understanding the current investment environment and the markets.
US Equities again proved to be the best performing major asset class with a return of 12% in 2016. During the year we experienced rapid sector rotations with large swings Read More
Consumer purchasing is responsible for about two-thirds of the American economy. Whether it is spending on durable goods, such as cars or housing, or on services, such as education and Read More
Brexit, a contraction of the words “British exit,” refers to the June 23, 2016 referendum by voters in the United Kingdom to leave the European Union (“EU”). The surprising outcome Read More
Over time, corporate profits are the primary driver of the stock market. The observed correlation between stock prices and corporate earnings serves as the basis for a fundamental research-based approach to investing in equities. At Aureus, we use our own internal research and understanding of companies as the primary method of choosing stocks.
The Aureus annual global asset allocation reviews the risks and opportunities available in global financial markets
and their potential impact on the investment portfolios of our clients.
In January, we published our 2015 Global Asset Allocation Review, and throughout the year we revisit this work based on new and updated information that may influence our outlook for the financial markets. In this piece, we review economies, markets and valuations and provide commentary on changes in 2015.
In late June, two debt crises caught the attention of investors everywhere. Greece appeared to be close to the precipice of an unprecedented default on loans to the European Union (EU) governing bodies. In a less headline grabbing announcement, the Commonwealth of Puerto Rico declared that it needed to renegotiate and lower its debt commitments to creditors.
From its peak last June, the price of a barrel of crude oil fell 60% to its low in this year’s first quarter. While such a decline is unusual, it has happened before. Examining past declines and the reasons behind those, we explore potential winners and losers, as well as what might happen in the oil industry from here.
The purpose of the Aureus annual global asset allocation review is to assess the risks and opportunities available in global financial markets and their potential impact on the investment portfolios of our clients. Our views are expressed over two frameworks:
Good fortune has certainly shined on investors, particularly those investing in the equity markets. For the past five years many equity markets have performed well above historic averages. While we believe that conditions remain positive for equity markets, we also believe repeating these elevated results for the next five years may be a challenge. In this paper we address the recent performance of the U.S. Equity markets within an historic perspective and review expectations for the coming years.