Underweight U.S. Oil & Gas Producers

The U.S. S&P energy exploration & production (E&P) index has rallied smartly on a relative basis in the past few months. Our U.S. equity strategists believe that the upside potential has been fully harvested. E&P companies are … [More.]

Global Growth Expectations: Too Pessimistic

Bloomberg consensus expectations for real GDP growth next year in the U.S. and in the other major economies have dipped to just 2.6 and 3%, respectively. This represents only a mild acceleration in growth relative to 2013 and is too pessimistic in … [More.]

BCA Research Launches New Application: BCA Analytics (BAN)

BCA Research introduces BCA Analytics – a new application to bridge the gap between strategy research and the investment decision-making process. BCA Research is pleased to announce the launch of a new research application, BCA Analytics. D … [More.]

U.S. Bond Strategy: Trim Duration Further

The counter-trend rally in U.S. Treasurys that we had anticipated has largely played out and it is time to position for an eventual resumption of the cyclical bear market. We recommend moving bond portfolio duration to a fully below benchmark … [More.]

HedgeFund Intelligence: Global Hedge Fund Assets Near $2.35tr As Big Firms Drive Growth

Thanks to our friends at HedgeFund Intelligence for sharing an excerpt from their upcoming Global Review. Reprinted with the full permission of HFI. All rights reserved. London, October 2013 – The growth in global hedge fund assets continued to a … [More.]