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.
We are looking to Italy to see the re-emergence of populism and a sovereign debt crisis which would hit the euro. But this is not it. The likelihood is the political deck chairs will be re-arranged on the same government deck. And of course the ECB will go on funding the 10% of GDP Covid fiscal deficit for the moment.SUBSCRIBE TO DOWNLOAD REPORTS
There will rarely be a year when macro events hold greater sway. Our macro outlook: US 10-year Treasury yields will be 1.70% by year end; equity markets will be 15% lower (having crashed by 30% first); the US dollar trend decline will continue, with momentary blips against the euro; early 2021 will be a false dawn for emerging market assets; after H1 it will become apparent that they are fall guys for low growth and global tensions ….. and all because the seamless consensus is vulnerable to quantum disruption!SUBSCRIBE TO DOWNLOAD REPORTS
This week kicks off a momentous political year in Germany, culminating in the federal election in September and subsequent retirement of Angela Merkel. The stakes for those hoping to succeed her could scarcely be higher. None will find the job easy. Thanks to its relatively shielded manufacturing sector, Germany has contracted much less than other European economies during the pandemic. And, adjusted for population, it’s suffered half the Covid casualties. But as we’re often warned, past performance is no guide to the future.SUBSCRIBE TO DOWNLOAD REPORTS