Investment Insights and Thought Leadership

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

While the last few days of June saw a large dose of Brexit-induced volatility, the market recovery was well on its way by the start of July as many of the consequences investors feared failed to materialize.… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

August was a period of relative calm as competing macro considerations left investors wondering how to position portfolios.  Volatility and trading volumes were unusually low, and there appeared to be few catalysts to drive either bullish or… Read Full Post

Last year’s keynote speech at our investor summit.

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

While the last few days of June saw a large dose of Brexit-induced volatility, the market recovery was well on its way by the start of July as many of the consequences investors feared failed to materialize.… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

At the start of the quarter, there were a number of macro events for investors to assess (e.g. the Panama Papers leak, an impeachment in Brazil, possible Brexit, energy company bankruptcies), but overall volatility was fairly low.… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

In a period of limited major macro news, investors fixated mostly on the likelihood of a Fed rate increase in the coming months. Economic data was generally weak as Japan and China both struggled to reposition towards… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

While there were a number of macro events for investors to assess (e.g. the Panama Papers leak, an impeachment in Brazil, Brexit, energy company bankruptcies), overall volatility was fairly low. In the US, some industrial indicators were… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

The momentum from the strong rally in October had already begun to weaken in December, but the decline in markets that started the year was truly breathtaking. By the third week in January, major market indexes were… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

Despite a modest recovery at the end of January, markets began the month of February with renewed discomfort. Economic data out of China continued to be weak, and oil prices fell back below $30/barrel. Earnings at financial… Read Full Post

Kai W. Hong, CFA
Managing Director & Chief Investment Strategist

The momentum from the strong rally in October had already begun to weaken in December, but the decline in markets that started the year was truly breathtaking. By the third week in January, major market indexes were… Read Full Post