Rothko: 4 Years of A.I. Driven Alpha
In September 2017, Rothko Emerging Markets All Cap Equity LP passed its 4-year anniversary. It has been a successful 4 years for the strategy, with solid multi factor alpha generation, even in a difficult market for value investing.
China A-Shares… Concealed Value
While the EM peer group is abuzz with the accession of Chinese Mainland listed equities (A-Shares), investors interested in aboslute returns should be focused on how to balance the opportunity in Chinese mainland stocks against the relative value of H-shares given the backdrop of capital controls on the mainland…
Global Equities Watch Out, Inflation is (Definitely) Back
US inflation, having bottomed out in February 2015, continues to threaten resurgence. This is directly important for global stock markets because valuations have ridden high on loose US dollar monetary conditions and low long rates, a situation that could turn.
Emerging Markets Opportunities in the World of Trumpanomics
Donald Trump’s economic policies are a basket of conflicting indicators for EM investors that will cause continuing volatility as the market oscillates bewteen these contradictions. The oxymoron of protectionism alongside US reflation, driven from infrastructure spending and innappropriately low US rates (see our October note) creates areas of risk and opportunity that we believe Rothko […]