Following up on our previous piece, we would like to expand our analysis to focus on selected markets. Our insights are as follows: U.S. – We anticipate moderate growth for U.S. equities in 2025,...
Global equities rebounded strongly in 2023 and 2024 following the 2022 correction due to the Ukraine-Russia war (see Page 1 of Attachment 1). With Trump back in office, his policies, including tax cuts,...
The MSCI Asia Pacific Ex-Japan Index (-2.4%) fell behind the MSCI World Index (+4.5%) mom in November as US markets raced past all regions after President-elect Donald Trump's decisive win in the 2024...
Korea has been one of the worst-performing markets this year, with the KOSPI Index down 7.51% year-to-date as of November 30, 2024. The recent political drama surrounding South Korean President Yoon Suk...
On 25th November, United States President Donald Trump has announced plans for imposing tariffs on the United States' top 3 trading partners—Canada, Mexico, and China. Trump announced a 25% tariff on all...
When managing a fund, choosing the right benchmark is crucial. Two common approaches are benchmark return and absolute return. Each serves a different purpose and is suited for specific investment goals....
The MSCI Asia Pacific Ex-Japan Index (-4.9%) severely underperformed the MSCI World Index (-2.0%) in October, as China markets reeled back from their September rally, while a last-day pullback dragged down...
With Trump's return for a second presidential term, investors should now shift their focus to how to strategically position themselves moving forward. We argue that market performance does not necessarily...
Budget 2025 builds on the foundations of Budget 2024, showcasing the government's commitment to strengthening the country's fiscal position. In our latest article, we outlined the key measures from Budget...