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.
We produce 60-70 reports a year on investment strategy, dealing with multiple investment topics. The scope of the research is global.
After due consultation with the client, we devise a dedicated investment benchmark and country allocation policy for a portfolio of assets.
Alternative investments are becoming an increasingly important part of institutional investors’ portfolios.
The EU Initiative on Gas Storage, published overnight, misses the point that the issue is not storage but where the gas comes from. The Russians, as our report (The coming gas war, 27 June 2022) showed yesterday, look most unlikely to oblige with the supplies to fill the storage. The gas crisis is only just beginning.SUBSCRIBE TO DOWNLOAD REPORTS
The next big shock generated by Russia may be gas. It could come from Russia cutting deliveries to the EU rather than the EU sanctioning Russia. The EU ‘Warcession’ would be the result. It would be a major blow to European assets – currency, equity and even bonds.SUBSCRIBE TO DOWNLOAD REPORTS
Political positioning has already begun ahead of Italy’s parliamentary elections next Spring. After a long-running feud within Italy’s Five Star Movement (M5S), Foreign Minister Luigi Di Maio has quit the party, taking with him about 60 MPs and Senators. He maintains his support of Prime Minister Mario Draghi, however. We remain neutral Italian BTPs as well as EUR versus USD.SUBSCRIBE TO DOWNLOAD REPORTS