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Independent Strategy adds value to its clients by seeking out investment themes and opportunities in Macro Investments, often challenging conventional wisdom.

Too often investment research is constrained by the narrow focus of the research provider, but we seek to create a cohesive global view. We are compact and flexible enough to respond quickly to an ever-changing investment scene.

The research is designed to benefit both short-term and longer-term strategic thinking. It carefully studies geo-political and economic events, while looking for breaks in historical trends to uncover investment opportunities.

RESEARCH

We produce 60-70 reports a year on investment strategy, dealing with multiple investment topics. The scope of the research is global.

PORTFOLIO ADVISORY

After due consultation with the client, we devise a dedicated investment benchmark and country allocation policy for a portfolio of assets.

ALTERNATIVE INVESTMENTS

Alternative investments are becoming an increasingly important part of institutional investors’ portfolios.

Latest Reports

06/08/20
Global Global

How small things connect to big things and big things to everything

If you think of places as planets, Hong Kong is a very small planet indeed and China a big one…

29/07/20
Global Global

Salvador Dali’s clocks

We do have a V-shaped recovery. But there are two big “ifs”. What happens when the state bailouts end? And…

23/07/20
China China

No capital fright

Capital flight continues from China. This isn’t new and it’s really not a problem, despite the perception that this is…

Global

6th August, 2020 » How small things connect to big things and big things to everything

If you think of places as planets, Hong Kong is a very small planet indeed and China a big one with the world even bigger, even if miniscule in terms of space itself. The planets’ paths are beset by history; the trajectories are predetermined and they can collide. But all are connected. There are no accidents.

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Global

29th July, 2020 » Salvador Dali’s clocks

We do have a V-shaped recovery. But there are two big “ifs”. What happens when the state bailouts end? And will consumers come back and spend as before? Labour markets have been disrupted and demand patterns changed forever. So the V-shape recovery could be history rather than a forecast.

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China

23rd July, 2020 » No capital fright

Capital flight continues from China. This isn’t new and it’s really not a problem, despite the perception that this is one of the big “event risks”. Indeed, the scale of this outflow — which is running at 1-2% of GDP — is little more than a rounding error in the sum of the total flows going in and out of China. The intensification of the US-China cold war shouldn’t have any measurable impact on this either. The real story is that the broader weakening of the US dollar in international markets makes Beijing’s life even simpler when it comes to maintaining the CFETS basket.

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Independent means just that

Objective + Innovative + Opportunity

Our research is based on a thoroughly objective view of the world as it is, not as some might like it to be seen.

Our work is characterised by independence of thought and a determination to focus only on money making ideas, resulting in a totally fresh and original approach compared with the overwhelming volume of reports by integrated investment houses.

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In the Media

25 years of Strategic Independence|Regulated and authorised by the Financial Conduct Authority

MACRO MATTERS

Technicals

11th August, 2020 » IS Weekly Technicals – 11th August

Chart pack and analysis attached.

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US

7th August, 2020 » US July Non-Farm Payrolls

Another solid non-farm payrolls report, with 1.763mn jobs added in July, taking the 3-month gain to 9.27mn.  That means the US has now recovered roughly 40% of the jobs shed during the turmoil of March and April.  The report cements confidence that the labour market continues to repair, mirroring the conclusions of yesterday’s weekly jobless claims, if not the lower than expected ADP print we got on Wednesday.

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Technicals

4th August, 2020 » IS Weekly Technicals – 4th August

Chart pack and analysis attached.

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AWARD WINNING, EXPERIENCED, DEDICATED EXPERTISE

MEET THE TEAM

Independent Strategy: David Roche David Roche President and Global Strategist
Independent Strategy: Guido Manca Guido Manca Chief Executive Officer
Independent Strategy: John Armstrong John Armstrong Managing Director
Independent Strategy: James Lister-Cheese James Lister-Cheese Strategist and Director
Independent Strategy: Nick Kennedy Nick Kennedy Chief Economist
Independent Strategy: Bob McKee Bob McKee Consultant Economist

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REPORTS ARCHIVE

The reports archive contains chronological lists of articles that have been written by Independent Strategy. Independent Strategy’s research is available by annual subscription. For details of subscription rates and soft dollar payments, please contact Independent Strategy by using the contact form.

REPORTS ARCHIVE