RECENT Mutual Funds RESEARCH
With one-third of 2016 yet to go, international funds have already had an action packed year. Events haven’t been restricted to a specific region or market.
Richard Bernstein believes that the corporate profit cycle in the US has turned for the better and if it comes about, the bull run in US equities may continue. In this series, we’ll evaluate 12 large-cap equity funds that invest in US equities.
T. Rowe Price Group (TROW) posted a $1.15 decline in earnings for 2Q16, excluding a one-time charge. Wall Street analysts estimate that TROW should maintain its current earning trajectory for 3Q16 at $1.15 per share.
AMG has managed to beat estimates over the past four quarters. It has seen a steady performance of its affiliates and is expected to post EPS of $2.98 in the September quarter.
In this series, we’ll be looking at alternatives’ deployments, fund performances, assets under management, strategic initiatives, and valuations.
In 2Q16, Carlyle Group (CG) posted earnings per share of $0.35, compared to the Wall Street consensus of $0.31. For fiscal 2016, CG is expected to post $1.33 per share, with implied growth of 15%.
The Blackstone Group (BX) is expected to post earnings per share (or EPS) of $0.65 in 3Q16 and $2.08 for 2016.
In this series, we’ll look at the Janus Asset Allocation team’s views on inflation, policy measures, and asset allocation (ITOT) (NEAR), given its assertion that inflation pressures are building.
Apollo Investment (AINV) is expected to post earnings per share of $0.18 for fiscal 2Q17, which ends on September 30, 2016, and $0.71 for the fiscal year. AINV is a closed-ended investment company that provides debt and equity financing solutions to US middle-market companies.
Mario Draghi already had a tough job as the chief of the ECB (European Central Bank), and the results of the Brexit vote have made it even more difficult.
US equities were not overly impacted by the UK’s Brexit vote, but banks and financials like Goldman Sachs and JPMorgan Chase dived while the dollar rose.
Given the diversity it can provide due to its composition, Asia makes a compelling investment destination for investors who are looking for growth.
Janus Capital’s average AUM (assets under management) stood at $180.2 billion in 1Q16.
With Brexit having forced a change in the political and economic landscapes, it may be time to turn your attention towards Asia-Pacific funds.
Global equities fell steeply on June 24, 2016, after the United Kingdom’s exit from the European Union in a referendum with a 52% vote to leave.
Any further increase in interest rates by the Fed by December is expected to boost the yields and operating performances of closed-end funds in 2016.
At its June 14–15, 2016, meeting, the FOMC decided to maintain the interest rate at 0.25%–0.5%. This marked the fourth consecutive meeting of no change since the rate hike in December 2015.
KKR & Co. (KKR) is expected to post EPS of $0.39 in the June quarter—compared to $0.88 in the same quarter last year and losses in the previous quarter.
In its 25th annual Global Economic Prospects report, the World Bank did not have many good things to say about the global economy in 2016.
An assessment of a bull market isn’t complete without looking at the companies’ PE ratios. Generally, the ratio rises during a bull market.