Vaughan Nelson Global SMIDs - Fund & ETF

With the US election capturing global attention, Chris Wallis' latest podcast discusses how inflation and interest rate expectations are changing and what impact the election might have on equity markets https://lnkd.in/gAUVfrbT

The continued market volatility, what is fueling the volatility, and the indicators to monitor. It's Chris Wallis, CEO and CIO at Vaughan Nelson on the podcast: https://lnkd.in/dJ8PpPtN

The latest CPI release, the recent spike in volatility and returning to balance, and assessing external risk factors. It's Chris Wallis, CEO and CIO at Vaughan Nelson on the podcast: https://lnkd.in/gywsbZkd

After the Fed signaled potential cuts in September, should investors start to position defensively? In the latest podcast episode CEO & CIO Chris Wallis dissects the Fed’s rate commentary, what the market is pricing in and the second half of the year into the first half of 2025. https://lnkd.in/gXstWk_Z

How will momentum surrounding a potential Trump presidency affect US markets? Find out in our latest podcast with CIO and CEO Chris Wallis as he also covers the market broadening last week and a bottoming of industrial activity. https://lnkd.in/gf5shagy

AI megacaps are distorting the market. They have driven the US and global large-cap indices to outperform mid and small cap indices over the past three years. However, if you take a longer-term view you can see that this recent outperformance is unusual. For most of the last 20 years global SMIDs outperformed global large caps, only closing the gap when mega-cap tech companies surged. The incredible success of megacap tech has also led to the large-cap indices becoming increasingly concentrated in technology as this chart shows. In 2014, the technology concentration of all three indices was reasonably similar, however now in May 2024 technology makes up more than 30% of the S&P 500 and 25% of the global large cap index. The global SMID index has stayed relatively consistent, rising from 12% to 14%. Vaughan Nelson Portfolio Manager James Eisenman thinks all investors should be aware of, and adjust to, the new market dynamics: “Due to the incredible success of the AI-related megacaps the stock market has changed significantly in a short period of time and all investors should be looking at their investment portfolios and deciding whether they need to adjust or rebalance them to align with their investment plans. These market movements have also created great opportunities for active managers and stock pickers to out-perform their benchmarks over the long-term. Any big market changes are opportunities which active managers and astute investors can capitalise on. This year we have been able to open positions in companies that will benefit from the success and growth of AI, but are trading at much lower multiples.” Link to the full article in the comments #ai #globalequities #smallcaps

What will the Fed need to cut rates? How many cuts and when? Check out the latest podcast where CIO and CEO Chris Wallis shares his views on the latest economic and market data out of the US. https://lnkd.in/e_DEJueJ

Lonsec has rated Vaughan Nelson's Global Equity SMID Fund and Global Equity SMID Fund (Quoted) for the first time. We are delighted to report both funds have been awarded a 'Recommended' rating. The report states: “This rating is supported by the high calibre senior portfolio managers, led by James Eisenman, who are experienced in researching global SMID companies and managing capital. The investment process is highly aligned with the Manager's philosophy and consistently applied, incorporating top-down inputs that support bottom-up deep research.” To read the whole report, please visit lonsec.com.au. For important information about this rating visit: https://lnkd.in/g3pSx9U #RecommendedRating #InvestmentExcellence #GlobalSMIDcap

James Eisenman, Global Small-Mid Cap Portfolio Manager, shares his views with Livewire Markets on the global small-mid cap landscape: https://lnkd.in/gF-Fgc-s

Inflationary concerns have reignited in the US and the prospect of interest rate cuts seems further away amid a mixed earnings season in the US. Hear what Chris Wallis thinks of markets and the global economy in the latest podcast and whether now is a good time to put capital to work https://lnkd.in/g799hh9s