Société de recherche indépendante en macro-économie et stratégie d’investissement

We believe there is still some potential from overweighting emerging equity markets over the coming months. This strategy obviously hinges on the assumption that a deal is concluded between China and the US before the APEC summit of 16-17 November (although the agreement is likely to be temporary and partial, it should provide visibility over several quarters nonetheless). Further out, five arguments justify this strategy...