Volatility Regarding the recent volatility in the Chinese equity markets and the impact it has had on global markets, we believe there is a significant disconnect between investor sentiment and the underlying fundamentals. Markets have reacted as if conditions are worse than the 2008 global financial crisis, or the Asian financial crisis of 1997 and […]
Gearing strategy Gearing as a strategy in a portfolio is a way to enhance capital growth. This strategy is effective under the following conditions: If the underlying ungeared portfolio consistently manages to outperform the interest rate payable for gearing. The underlying portfolio (ungeared) is consistent in the management of its volatility within a predictable band […]
