Good as gold

15 March 2016

After increasing 17% in the first three months of the year – the largest quarterly gain since 1986 – the price of gold has begun to settle. However, the underlying factors driving prices upward appear likely to remain supportive.


The Brexit Threat

04 March 2016

Some may see the euro as a relative safe haven if sterling starts to run into serious trouble ahead of the June 23 referendum on the UK’s membership in the European Union. However, the British decision will have material consequences for the rest of the EU, leaving the euro vulnerable in a number of respects.


Highly correlated

27 January 2016

In a world where markets are increasingly globalized and interconnected, assets are now highly correlated. As prices continue to move in tandem, it’s time to rethink conventional wisdom about how to achieve a balanced portfolio.


A better world

23 December 2015

Two billion people have moved out of extreme poverty over the past 25 years, and the quality of life worldwide has improved markedly over the same period, according to the UN’s 25th annual Human Development Report.


Double dividend

10 November 2015

Like nearly all major industrialized nations, China is getting older. By mid-2020, the country’s population will annually include 10 million more elderly and 7 million fewer working adults. By 2050, fully one-quarter of all Chinese will be retirees.