Beyond Bulls & Bears

Notes from the Trading Desk – Europe
Equity

Notes from the Trading Desk – Europe

Global equity markets were broadly higher last week, with stocks in mainland China outperforming, thanks to hopes of fresh stimulus from the Chinese authorities. European stock markets generally had a positive week, despite a number of headwinds. Spain was the only major European market to end the week in the red. US markets also had a good week, thanks to a bounce from technology stocks.

PODCAST: Unlocking Innovation: Strategies from Silicon Valley CEOs
Perspectives

PODCAST: Unlocking Innovation: Strategies from Silicon Valley CEOs

Most companies want to be innovators in their field, but how does a company foster innovation? In our latest “Talking Markets” podcast, a panel of accomplished Silicon Valley CEOs—including Franklin Templeton’s Greg Johnson—discuss how to drive and nurture a culture of innovation within their employees.

Should Markets Heed Recession Warnings?
Multi-Asset

Should Markets Heed Recession Warnings?

Our Multi-Asset Solutions CIO Ed Perks discusses how markets are reacting to the possibility of a US recession, and explains why he favours a defensive stance. Read more.

Trade War: The Second Front
Equity

Trade War: The Second Front

“In our view, both the China and Mexico trade wars could be long-drawn affairs, as both fronts (jobs/immigration) cater to President Trump’s voter base, and the president has bipartisan support for the one with China.” – Stephen Dover, Head of Equities

Rethinking the Bid/Ask Spread for ETF Investors
LibertyShares

Rethinking the Bid/Ask Spread for ETF Investors

Jason Xavier looks at bid/ask spreads and explains why some of the most widely used metrics can potentially be misleading for ETF investors.

The EU: Singing from 28 Hymn Sheets
Fixed Income

The EU: Singing from 28 Hymn Sheets

What’s the investment lesson in Europe’s recent parliamentary elections? Our Fixed Income CIO Sonal Desai says it’s differentiation. Read more of what’s on her mind about this topic. 

Do Look Now: Finding Under-Appreciated Opportunities in UK Small Caps
Equity

Do Look Now: Finding Under-Appreciated Opportunities in UK Small Caps

Our Richard Bullas thinks the UK small-cap market is one of the most sophisticated, diverse and dynamic investing environments in the world.

European Parliamentary Elections: A Barometer of European Thinking?
Fixed Income

European Parliamentary Elections: A Barometer of European Thinking?

European parliamentary elections don’t typically generate international headlines, but with the wrinkle of Brexit still unsettled, this time they are front and centre. Our David Zahn weighs in.

FOMO? Investors Fear Missing Out as Companies Stay Private for Longer
Equity

FOMO? Investors Fear Missing Out as Companies Stay Private for Longer

Many companies are staying private for longer before deciding to go public—if they do so at all. But what does that mean for investors? Our Head of Equities, Stephen Dover, says the type of gains many stocks have seen right after their public-market launches could be a thing of the past. He also makes the case that this private-for-longer trend favours active managers who can invest in these companies at a potentially faster stage of growth.

May Confirms Departure Date, but What Could It Mean for Investors?
Fixed Income

May Confirms Departure Date, but What Could It Mean for Investors?

“We calculate there would be no time for May’s successor to renegotiate a fresh deal with Brussels, so we think is more likely the UK could leave the EU without a deal.” David Zahn, Head of European Fixed Income.

On My Mind: Embracing Tech Disruption—Four Lessons For Fixed Income Investors
Fixed Income

On My Mind: Embracing Tech Disruption—Four Lessons For Fixed Income Investors

The impact of innovation on productivity, economic growth and global trade will be more profound than most people realise, according to Franklin Templeton Fixed Income CIO Sonal Desai. She shares her thoughts on the subject and other key takeaways from our annual Global Investment Forum in San Francisco.

How the Search For Yield is Going Green
Fixed Income

How the Search For Yield is Going Green

Investors are considering a growing range of methods to try to eke out yield in this resolutely low interest-rate environment. As David Zahn, our Head of European Fixed Income notes, fixed maturity (or so-called buy and hold) funds have proven a popular choice for some. And with environmental, social and governance (ESG) considerations high on the agenda, Zahn argues that investors should not have to sacrifice their green credentials in the search for yield.