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Use this RouteMap to find the most attractive asset class
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- Performance Matrix: Total US$ Returns recorded for
the last calendar month and year to date by asset class and region
- Recent Significant Events: Major news headlines over
the past decade - political, economic, financial events ranked in date
order
- Summary: Overall action recommendations -
combining all contrarian, trend and value strategies, for local
currency investors and relative performance
- Trends: Forecasts, Liquidity, Technical and
Seasonal strategies, individually and combined, for local currency
investors and relative performance
- Economic Forecast: Predicted performance based on
econometric modelling with upgrade / downgrade
indicator for local currency investors and relative performance
- Invest Sentiment: Year ahead projections based on
composite indicators of investor sentiment for local currency investors
and relative performance
- Seasonal Trading Patterns: Historic patterns for the
best month in the year to buy and sell for local currency investors and
relative performance
- Valuation: Current yield or earnings yield, relative
to regional averages and compared to own past in both absolute and
relative value terms
- Real Value: Current real yield or earnings yield
after inflation, arranged as in the Valuation table in both absolute and
relative value terms
- Next National Elections: The last possible date for
parliamentary or presidential elections in every country, ranked in date
order
- Exchange Traded Funds: Listings of international
ETF, US closed-ended funds and UK investment trusts with relevant
investment mandates
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Use this RouteMap if you manage international bond funds, or want to
invest in them
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- Performance: Total US$ Returns recorded for the last
calendar month and year to date in bond, foreign currency and stock
markets
- Recent Significant Events: Major news headlines over
the past decade - political, economic, financial events ranked in date
order
- Summary: Overall action recommendations -
combining all contrarian, trend and value strategies, for local
currency investors, US$ investors and relative performance
- Trends: Forecasts, Technical and
Seasonal strategies, individually and combined, for local currency
investors, US$ investors and relative performance
- Economic Forecasts: Econometric forecasts of total
return estimated for two years, and direction of revisions, expressed in
local currency
- Invest Sentiment: Year ahead projections based on
composite indicators of investor sentiment for local currency investors
and relative performance
- Seasonal Trading Patterns: Historic patterns for the
best month in the year to buy and sell for local currency investors and
relative performance
- Valuation Summary: Real Yield, Yield/Interest Rate,
Yield/PE ratios individually and combined for local
and US$ investors and
relative performance
- Valuation (Real Yield): Current bond yield ratio
after inflation and divergence from average in past years, ranked by
over/under-valuation compared to past
- Valuation (Yield / Interest Rate): Ratio between bond yield and
interest rate to show attractiveness of bonds against cash,
ranked by undervaluation versus past
- Valuation (Yield / PE Ratio): Ratio between bond yield and
earnings yield to show attractiveness of bonds compared to shares,
ranked by undervaluation versus past
- Next National Elections: The last possible date for
parliamentary or presidential elections in every country, ranked in date
order
- Exchange Traded Funds: Listings of international
ETF, US closed-ended funds and UK investment trusts with relevant
investment mandates
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Use this RouteMap if you need to hedge foreign foreign exchange rates or
invest cash balances worldwide
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- Performance: Total US$ Returns recorded for the
last calendar month and year to date in bond, foreign currency and stock
markets
- Recent Significant Events: Major news headlines over
the past decade - political, economic, financial events ranked in date
order
- Summary: Overall action recommendations -
combining all contrarian, trend and value strategies against US$ and
SDR
- Trends: Forecasts, Liquidity, Technical and
Seasonal strategies, individually and combined, against US$ and SDR
- Economic Forecasts: Econometric forecasts of total
returns estimated for two years, and direction of revisions against US$
and SDR
- Invest Sentiment: Year ahead projections based on
composite indicators of investor sentiment for local currency investors
and relative performance
- Seasonal Trading Patterns: Historic patterns for the
best month in the year to buy and sell currencies against US$ and SDR
- Valuation Summary: Ratings based on relative Unit
Cost, Inflation, Balance of Payments, Interest Rate, Bond Yield and PE
against US$ and SDR
- Valuation (Real Effective Exchange Rate): Extent of over- or under-valuation
against trading partners based on comparative unit labour costs and
inflation
- Valuation (Real Yield Differential): Real yield
differential between a country and its trading partners after inflation
compared to historical average
- Valuation (Real Interest Rate Differential): Real
interest rate
differential between a country and its trading partners after inflation
compared to historical average
- Valuation (Current Account / GDP): Forecast balance
of payments deficit/surplus as a proportion of gross domestic product
- Next National Elections: The last possible date for
parliamentary or presidential elections in every country, ranked in date
order
- Exchange Traded Funds: Listings of international
ETF, US closed-ended funds and UK investment trusts with relevant
investment mandates
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Use this RouteMap if you are a global equities fund manager or investor
Back to Top
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- Performance: Total US$ Returns recorded for the
last calendar month and year to date in bond, foreign currency and stock
markets
- Recent Significant Events: Major news headlines over
the past decade - political, economic, financial events ranked in date
order
- Summary: Overall action recommendations -
combining all contrarian, trend and value strategies, for local
currency investors, US$ investors and relative performance
- Trends: Forecasts, Liquidity, Technical and
Seasonal strategies, individually and combined, for local currency
investors, US$ investors and relative performance
- EPS Forecasts: Top-down forecasts
of EPS (change %) estimated for two years, and direction of revisions in
EPS in local currency, US$ and relative to global average
- Invest Sentiment: Year ahead projections based on
composite indicators of investor sentiment for local currency investors
and relative performance
- Seasonal Trading Patterns: Historic patterns for the
best month in the year to buy and sell for local currency investors, US$
investors and
relative performance
- Valuation Summary: Real PE, PE/Bond Yield,
PE/Interest Rate and Market Capital-isation/GDP ratios individually for local
and US$ investors and
relative performance
- Valuation (Cyclically-Adjusted PE/Bond Yield): The
attractiveness of shares compared to bonds, currently and and ranked in
relation to average historic levels
- Valuation (Cyclically-Adjusted PE/Cash Yield): The
attractiveness of shares compared to deposits, currently and
ranked in relation to average historic levels
- Valuation (Market Capitalisation/GDP): Price/sales ratios for
whole markets, shown as current ratios and ranked in relation to average
historic levels
- Valuation (Cyclically-Adjusted Real PE): The extent
of over/under-valuation compared to fair value based on inflation and
normalised EPS
- Valuation (Forecast EPS & Bond Yield): The extent of
over/under-valuation compared to fair value based on current long-term
bond yield and next year's EPS
- Valuation (Overall Average): Current ratios and compared to own past in both absolute
and relative value terms, ranked by extent of over/under-valuation
- Next National Elections: The last possible date for
parliamentary or presidential elections in every country, ranked in date
order
- Exchange Traded Funds: Listings of international
ETF, US closed-ended funds and UK investment trusts with relevant
investment mandates
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Use this RouteMap if you are a global equities fund manager or investor
Back to Top
|
- Performance Matrix: Total US$ Returns recorded for
the last calendar month and year to date by style or sector and region
- Recent Significant Events: Major news headlines over
the past decade - political, economic, financial events ranked in date
order
- Summary: Overall action recommendations -
combining all contrarian, trend and value strategies, for local
currency, US$ investors and relative performance
- Trends: Forecasts, Key Indicator, Technical and
Seasonal strategies, individually and combined, for local currency
investors, US$ investors and relative performance
- Economic Forecast: Predicted performance based on
econometric modelling with upgrade / downgrade indicator for local, US$ investors and relative performance
- Invest Sentiment: Year ahead projections based on
composite indicators of investor sentiment for local currency investors
and relative performance
- Seasonal Trading Patterns: Historic patterns for the
best month in the year to buy and sell for local currency investors, US$
investors and
relative performance
- Valuation Summary: Real PE, PE/Bond Yield,
PE/Interest Rate and Price/Replace-ment Cost ratios combined for local
and US$ investors and
relative performance
- Valuation (Cyclically-Adjusted PE): Current ratios
by style or sector and region, and compared to own past in both absolute
and relative value terms
- Valuation (Cyclically-Adjusted PE/Bond Yield):
Current ratios by style or sector and region, and compared to own past
in both absolute and relative value terms
- Valuation (Cyclically-Adjusted PE/Cash Yield):
Current ratios by style or sector and region, and compared to own past
in both absolute and relative value terms
- Valuation (Cyclically-Adjusted Real EP): Current
ratios by style or sector and region, and compared to own past in both
absolute and relative value terms
- Valuation (Replacement Cost): Current ratios by
style or sector and region, and compared to own past in both absolute
and relative value terms
- Next National Elections: The last possible date for
parliamentary or presidential elections in every country, ranked in date
order
- Exchange Traded Funds: Listings of international
ETF, US closed-ended funds and UK investment trusts with relevant
investment mandates
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