Beyond Bulls & Bears

Volatile Markets: Are High-Frequency Traders to Blame?
Equity

Volatile Markets: Are High-Frequency Traders to Blame?

“In our view, high-frequency trading plays a role in market meltdowns or melt-ups, which could be exacerbated when stocks or markets have low levels of liquidity.” – Stephen Dover, Head of Equities

Three Technology Titans Reshaping Retail
Equity

Three Technology Titans Reshaping Retail

Powerful retailing disruptors are reshaping expectations about shopping and shipping by digitising retail markets across the globe. New conveniences such as ordering groceries with a simple voice command are upending the old-world order. In this excerpt from the latest edition of FT Thinks: “Three Technology Titans Reshaping Retail,” senior equity analysts across our Growth, Value and Emerging Markets teams compare how three retailing giants tailor technology to fit local customs, lifestyles and payment abilities.

Tail Wagging the Dog? Some Thoughts on ETF Market Resilience
LibertyShares

Tail Wagging the Dog? Some Thoughts on ETF Market Resilience

Do ETFs exacerbate financial market volatility? Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments, suggests not.

Why European Investors Might Consider Fixed Maturity Investing
Fixed Income

Why European Investors Might Consider Fixed Maturity Investing

Against a background of sustained low interest rates, the search for yield is leading some investors to cast their nets a little wider. David Zahn, Head of European Fixed Income at Franklin Templeton, looks at one idea that seems to be sparking interest: fixed maturity investing.

On My Mind: The Fed Will Hike Again—Because It Can
Fixed Income

On My Mind: The Fed Will Hike Again—Because It Can

While the financial markets seem to be betting on a very extended pause in the US Federal Reserve’s multiyear tightening cycle, Franklin Templeton Fixed Income Group Chief Investment Officer Sonal Desai has another idea. Here, she makes the case that interest-rate hikes may still be on the table this year.

Convertible Securities: Don’t Believe Everything You Hear
Equity

Convertible Securities: Don’t Believe Everything You Hear

“As long-term investors, our view on convertible securities doesn’t change from quarter to quarter or during periods of market volatility.” - Alan Muschott, Franklin Equity Group

A Measured but Constructive Market View
Equity

A Measured but Constructive Market View

The market environment for value investors over the past few years has been less than ideal, but that doesn’t mean there aren’t opportunities to be had. Templeton Global Equity Group Director of Portfolio Management Antonio Docal and Director of Research Heather Arnold say they plan to use recent market volatility to uncover values. They share some brief thoughts on issues facing investors today, including trade wars, Brexit and slowing growth in China.

The Real Risk in Today’s Global Markets
Perspectives

The Real Risk in Today’s Global Markets

While some observers might worry that the current global economic cycle is ending, Templeton Global Macro CIO Michael Hasenstab characterises the slowing growth we are experiencing as a cyclical slowdown, not the end of the cycle. He is more concerned with the political vulnerabilities he’s seeing in the global economy today, and says the world’s increasing fragmentation due to populist policies is a major concern.

K2 Advisors: It’s the End of the Fed’s World as We Know It
Alternatives

K2 Advisors: It’s the End of the Fed’s World as We Know It

Market volatility returned with a vengeance towards the end of 2018, with numerous uncertainties invoking memories of the Great Recession. K2 Advisors’ Robert Christian and Brooks Ritchey believe the most recent turmoil has been a function of some asset-price distortions stemming from central bank actions. They explain what it all means for investors—and for hedge-fund vehicles in particular.

Reinventing Cars—Risks and Rewards on the Transportation Highway
Fixed Income

Reinventing Cars—Risks and Rewards on the Transportation Highway

Mobility technologies are reshaping how cars are powered, driven and used for years to come. In this excerpt from the latest edition of FT Thinks: "The Promise of Innovation," Franklin Templeton Fixed Income Group outlines three mega-trends—electrification, autonomous mobility and ride-hailing services—upending the old world order. They offer perspective on where we think the auto industry is headed, and the credit qualities the team look for from companies in the rapidly shifting auto industry.