Reading Auto Manufacturing’s Outperformance on November 23
The auto manufacturing industry provided a highest weighted return, at 0.085%, as well as the highest individual return, at 4.2%, on November 23.
What Drove TEF’s Mobile Revenue in Argentina in 4Q15?
During 4Q15, the data revenue stream of Telefónica’s mobile component rose by ~30.2% organically YoY to reach ~0.25 billion euros in Argentina.
How Much Did TEF’s Mobile Segment Grow in Germany in 4Q15?
Year-over-year, Telefónica’s mobile revenue rose by ~2.8% to reach ~1.8 billion euros in Germany.
Which Stocks Saved the BlackRock Latin America Fund in 2015?
The BlackRock Latin America Fund – A (MDLTX) fell 5.2% in December 2015 from a month prior.
Why the ProFunds UltraLatin America Inv Fund (UBPIX) Tanked in August 2015
The ProFunds UltraLatin America (UBPIX) nose-dived by 19.4% in August 2015 from a month ago—the biggest fall among the eight funds we’ve analyzed in this series.
A Few Stocks Salvaged MDLTX Year-to-Date through November in 2015
MDLTX was down 2.4% in November 2015 from a month prior. In the three- and six-month periods ended November 30, the fund fell 5.8% and 19.9%, respectively.
Decline in Services Increases Spain’s Unemployment in October
With an easing in the service sector, Spain’s unemployment rose by 82.3 thousand in October against a rise of 26.1 thousand in September. This is the highest since October 2013.
How High Energy Exposure Hurt the ProFunds Europe 30 Investor Class in September
The ProFund Europe 30 fell by 4.8% in September from the previous month. With over one-fifth of its assets invested in the energy sector, it’s no surprise.
Sigfox, Amazon Sidewalk, and the Internet-of-Things
As Amazon announces Sidewalk, its Internet-of-Things wireless network, we look back on an interview with Sigfox about its similar network.
What Is Netflix Getting from Bundling Arrangements?
Netflix (NFLX) has entered into partnership arrangements with mobile operators and cable providers to bundle its video service with their wireless and pay-TV plans.
Telefonica Is a Dominant Player in Over 20 Countries
Telefonica SA (TEF SM) is headquartered in Spain and is one of the world’s largest telephone operators reaching more than 350 million customers.
Energy Exposure Has Worked Wonders for the Europe 30 ProFund
UEPIX’s high exposure energy stocks has been extremely beneficial in 2016, especially after February 11, when crude oil prices touched a multiyear low.
Sectoral Composition of BlackRock’s Latin America Fund
The BlackRock Latin America Fund (MDLTX) seeks long-term growth of capital by investing “primarily in Latin American equity and debt securities.”
The Year-to-Date Sector Composition of the Europe 30 ProFund
The Europe 30 ProFund Investor Class is benchmarked to the ProFunds Europe 30 Index and seeks to achieve investment results that correspond to the index.
What’s MDLTX’s Portfolio Position Year-to-Date in 2016?
MDLTX seeks long-term capital growth by investing “primarily in Latin American equity and debt securities.”
TEF’s Robust Revenue Growth Trend in Argentina Continued in 4Q15
Organically, TEF’s revenue rose robustly by ~18% year-over-year to ~1 billion euros in Argentina during 4Q15.
What’s the 2016 Outlook for Telefónica?
Telefónica reported its 2015 results on February 26, 2016. The telecom player’s revenue figure was ~47.2 billion euros for the year.
MDLTX: A Fund with a Focus on Financials and Consumer Staples
As of December 2015, MDLTX’s assets were invested across 60 holdings and it was managing assets worth $141.6 million.
Spain’s Manufacturing Activity Hit 2-Month Low in December
According to Markit, Spain’s manufacturing PMI increased to 53.0 in December, a decline of 0.1 points from November’s reading of 53.1.
Portfolio Composition of MDLTX through November 2015
MDLTX’s assets were invested across 61 holdings as of November 2015, and it was managing assets worth $160.1 million.
Oil and Gas Industry Emerged as FEZ’s Biggest Loser
After the outcome of OPEC’s meeting on December 4, 2015, oil prices followed the downtrend. OPEC didn’t agree to reduce the production.
Telefonica’s Fixed Services Supported Revenue Growth in Spain
Telefonica’s revenue from fixed services in Spain increased sharply by 4.6% YoY to 2.2 billion euros in 3Q15, largely due to a YoY increase in the fixed broadband and new services component.
Telefonica’s 3Q15 Revenue Grew Modestly YoY Organically
In 3Q15, Telefonica’s revenue grew by 10.8% YoY to 11.9 billion euros. On the organic level, Telefonica’s YoY revenue growth was 4.8% during the quarter.
Revenue of Vodafone’s AMAP Segment Continued to Grow
In this part of our series, we’ll look at the performance of Vodafone’s AMAP—short for Africa, the Middle East, and Asia-Pacific—segment in fiscal 1H16.
BRFS, CX Dragged Down BlackRock Latin America Fund in October 2015
The BlackRock Latin America Fund – A (MDLTX) rose just 3.8% in October 2015 from a month ago.
How Financials Hobbled the BlackRock Latin America Fund in September
The BlackRock Latin America Investor A Fund fell by 7.0% in September from August 2015. But between September and October 28, the fund rose by 5.3%.
The BlackRock Latin America Investor A Fund (MDLTX): Portfolio Overview
The BlackRock Latin America Fund invests “in Latin American equity and debt securities” but does not seek to spread its portfolio across a lot of countries.
In-Depth Analysis of the FEZ and Its Constituents
Out of the 52 constituents of the FEZ ETF, 50 stocks gave positive returns on October 22. This lead it to close up 1.4% from the previous trading session.
Spain’s Economy Is Facing a Deleveraging Dilemma
The ratio between government debt and the GDP (gross domestic product) for Spain has been rising at a high rate. It reached 97.7% by the end of 2015.
Services Lead the Jump in Spain’s September Unemployment Data
Spain is one of the fastest-growing regions in the Eurozone. However, its increasing unemployment rate has become the biggest concern for the country’s policymakers.
Oaktree Capital Bids Farewell to Telefonica Brasil
Telefonica Brasil is the largest telecom company in Brazil and is the subsidiary of Spanish telecom company, Telefonica (TEF).