Currencies can provide a rich source of investment ideas for portfolio managers who are able to profit from them in a world of experimental monetary policy and beggar-thy-neighbor attitudes to currency depreciation.
Virtus Chief Market Strategist Joe Terranova and Director of Investment Education Brian Portnoy, Ph.D., CFA discuss current happenings in the global markets.
On June 23, 2016, the United Kingdom will vote either to remain in or leave the European Union (EU).
The recent sharp rise in the value of the yen is complicating the task of the Bank of Japan as it looks to fight deflation and revive economic growth.
Despite a strong rally in emerging-market local-currency debt in 2016, a widening yield differential with US rates points to the long-term value of the asset class.
Past performance is not a guarantee of future results.
Virtus Investment Partners provides this communication as a matter of general information. The opinions stated herein are those of the author and not necessarily the opinions of Virtus, its affiliates or its subadvisers. Portfolio managers at Virtus make investment decisions in accordance with specific client guidelines and restrictions. As a result, client accounts may differ in strategy and composition from the information presented herein. Any facts and statistics quoted are from sources believed to be reliable, but they may be incomplete or condensed and we do not guarantee their accuracy. This communication is not an offer or solicitation to purchase or sell any security, and it is not a research report. Individuals should consult with a qualified financial professional before making any investment decisions.