Beyond Bulls & Bears

Is it Time for Small-Cap Stocks to Shine?
Equity

Is it Time for Small-Cap Stocks to Shine?

“In our view, US small-cap stocks are currently among the most expensive in the world, especially in the technology and health care sectors. With valuations looking expensive to us in the United States amid rising interest rates, we aren’t finding as many compelling opportunities as we are in Europe and Asia outside of Japan.” - Franklin Equity Group’s Ed Lugo

Perspectives on Disruption
Equity

Perspectives on Disruption

“In recent years, we’ve seen a number of developments that suggest investors should rethink what they thought they knew. Countless reports have focused on how new technologies, such as self-driving cars, will disrupt global industries. Yet, some disruptions outside the domain of technology get much less attention." – Stephen Dover, Franklin Templeton Investments

Why We See European Equities as a Catch-Up Opportunity
Equity

Why We See European Equities as a Catch-Up Opportunity

Equity markets seem to have calmed after the short, sharp volatility some political upheaval in Italy and Spain provoked last month. Templeton Global Equity Group's Dylan Ball considers the situation in Europe and where he sees value.

An Unconventional New Government in Italy
Fixed Income

An Unconventional New Government in Italy

“Although we think that fears about the League/Five Star coalition’s euro scepticism are over-played, we recognise there could be tensions between Rome and Brussels in particular over the new government’s spending plans.” – David Zahn, head of European Fixed Income.

Considering ETF Liquidity as Market Volatility Rises
LibertyShares

Considering ETF Liquidity as Market Volatility Rises

“In our view, the coordinated central bank action to facilitate liquidity through low interest rates and quantitative easing has created an artificial environment. Market declines like those seen so far in 2018 give us a glimpse of historically a more typical market environment.” – Jason Xavier

To NAV or NAV Not: Choosing the Most Appropriate ETF Investing Approach
LibertyShares

To NAV or NAV Not: Choosing the Most Appropriate ETF Investing Approach

Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments, explores the ways in which investors in Europe can participate in ETFs.

Brexit: The Countdown Begins
Perspectives

Brexit: The Countdown Begins

Our Dylan Ball and David Zahn share what they’re watching in European equity and fixed income markets as the one-year countdown to Brexit begins.

What the Italian Election Tells Us About Populism in Europe
Fixed Income

What the Italian Election Tells Us About Populism in Europe

David Zahn, Franklin Templeton’s head of European Fixed Income, remains optimistic on Italy’s long-term fundamentals, but believes the political trajectory of the country is a concern.

Vive La Difference: Understanding the Options for Trading ETFs in Europe
LibertyShares

Vive La Difference: Understanding the Options for Trading ETFs in Europe

Exchange-traded funds (ETFs) have been part of the investment landscape for 25 years, but their evolution and growth varies in different parts of the world. Jason Xavier, head of EMEA ETF Capital Markets at Franklin Templeton Investments, explains how that diversity has opened up different trading approaches for would-be investors.

What’s Next for Europe as Merkel Is Re-elected
Perspectives

What’s Next for Europe as Merkel Is Re-elected

"We think the level of support for AfD does reflect a protest vote from people who have been unhappy with the direction things have been going in Germany. That could have an influence on Merkel’s approach as she looks past her election victory.” - David Zahn, Franklin Templeton Fixed Income Group

Why Europe Is Wrong to Ignore the Threat of Brexit
Fixed Income

Why Europe Is Wrong to Ignore the Threat of Brexit

Many European investors seem to think this so-called 'Brexit' decision is an issue that will only affect the United Kingdom. We think they’re mistaken and that Brexit has significant implications for investment markets in Europe as a whole.

A Year for Value?

A Year for Value?

While stocks are certainly vulnerable to near-term volatility, we think the asset class globally remains well positioned for long-term performance potential.