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Thanks for that article - pretty interesting. He mentioned "ASEAN" as being one of the next big stories....meaning, the South East Asian nations/countries.
Global X has an ASEAN ETF called the Global X FTSE ASEAN 40 ETF (ASEA) and covers the origi…
I see some comparisons made between ARTHX and ARTGX but realize that the short-term outperformance can be seen across the board whenever you compare a growth or garp oriented fund with a value oriented fund. Again I'm talking about the past 1, 3 an…
Andrew Foster:
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At Seafarer, our abiding goal as an investment adviser is to deliver long term performance. However, even as I view performance as paramount, I will not consider our firm a success unless it also achieves three ancillary ob…
It's been said that the markets behave like kindergarden children...very up & down mood depending on what's going on at the moment. You could have kids crying one moment and then a moment later all happy licking an ice-cream or playing with a n…
http://www.pimco.com/EN/Insights/Pages/Investing-off-the-Beaten-Track-in-an-Uncertain-Global-Economy.aspx
Investing off the Beaten Track in an Uncertain Global Economy
Article Introduction
- The global economy remains in a multiyear period of gl…
Barron's: Well-Timed Entrance
Portfolio manager Dan Ivascyn led the Pimco Income fund to big gains by buying mortgage-backed securities after the financial crisis started. Why he likes Hilton bank loans and Gazprom bonds.
http://online.barrons.co…
Barron's: Well-Timed Entrance
Portfolio manager Dan Ivascyn led the Pimco Income fund to big gains by buying mortgage-backed securities after the financial crisis started. Why he likes Hilton bank loans and Gazprom bonds.
Picking through the rubb…
I think we have to look at EM from both an equities and fixed-income perspective.
Personally I like a balance of both EM equities and fixed income. As an example, EM Balanced Fund FEO is up nicely this year and so is EM Bond fund ESD. There are m…
There's been a ton of money in Money Market Funds but investors have been fleeing in droves as you needed a microscope to see the yield payouts received. This year alone - $162 Billion left Money Market Funds.
Also - American Funds has seen $77 …
Be sure to also read the 2nd article listed in my post (Playing Defense in Search for Income)---
http://www.mutualfundobserver.com/discussions-3/#/discussion/3534/pimco-rethinking-asset-allocation-playing-defense-in-search-for-income
Good insight…
Pimco: Playing Defense in Search for Income
http://info.pimco.com/Global/FileLib/RoundTable_v2/PIMCO_Playing_Defense_in_the_Search_for_Income_Roundtable_Brochure_PB013.pdf
Roundtable discussion with Dan Ivascyn, Brad Kinkelaar, Jerome Scheider and…
Thanks for pointing out the Annual Report.
The number of holdings in GPGOX is in the 150 ballpark range I believe. I'm not surprised at all because that's what they've stated since inception in terms of approximate number of holdings being targete…
If interested - don't forget to submit your questions for the conf call coming up.
Slide deck for the conf call has been posted:
http://www.seafarerfunds.com/documents/misc/Seafarer - Conference Call Presentation - 2012-07-12.pdf
Seafarer Funds - 1st Shareholder Conference Call
Open to the public - No registration required
* Thursday, July 12 *
4:15pm Eastern / 1:15pm Pacific
Toll-free dial-in: 866-906-7447
Participant code: 5947350
See http://www.seafarerfunds.com/ f…
Speaking of Arnott and your consideration of his Asset Allocation fund - check out his article from last year in Oct 2011 - a good read on his views.
Arnott: The Long View-Building The 3-D Shelter
By Rob Arnott | October 26, 2011
http://www.inde…
Right and look what happened --- Morgan Stanley was downgraded yesterday and after-hours it was trading up just over 3%. Now at the pre-open today it's up over 3.5%. JPM and BAC and others were also up after-hours.
Why? Because the pros saw th…
The faster and the deeper the downgrades - the better and quicker for deeper value creation from a stock perspective.
In fact - I can't wait for Santander Bank in Spain to crash even further to create even more delicious deeply discounted opportuni…
Q&A with Susan Byrne at M*:
Finding Dividends in Health Care and Energy
Westwood's Susan Byrne says the shop's funds have balanced lower-volatility health-care stocks with inflation-resistant energy names, while banking on a good history of di…
Q&A with Andrew Foster in Investing Daily
http://www.investingdaily.com/15227/emerging-market-stocks-the-bric-is-just-the-beginning
Ben: What countries are most attractive right now?
Andrew Foster: Vietnam is well positioned. Some investors a…
Reply to @MikeM: But getting into some of the US bank stocks in 2009 is not the same as getting into Spanish banks now. While US bank stocks throughout 2009-2010 still suffered from airing out the dirty laundry - the worst of the worst had passed …
1. How do you compare your value investing style at FPA versus Harris/Oakmark and Brandes since you also spent time working at those other 2 places?
2. Since you worked as an Analyst at Harris/Oakmark and the Oakmark International/Global funds ha…
Yeah I shop at Costco too - the meats are of high quality and many other bulk foods are pretty good deals too.
Their fruits are of pretty good quality. I seen some fruits elsewhere cheaper when on sale but they don't last as long (too ripe).
…
Reply to @kevindow: Thanks for that Brandes paper - yes I have seen that one in the past and from time to time I like to read their articles.
Now, what I get out of that paper is that Brandes isn't avoiding EM (in fact they have an EM fund) but tha…
Per M* and SPDRs you can get DWX (SPDRs International Dividend ETF) with a 7% yield but it has come with much higher volatility and risks. Italy is in the top 5 country holdings. Prior the previous rebalancing, Spain was also up there as well but h…
Yes thanks for the heads-up - it's interesting to see the different Motifs they put together and you can see which ones have been popular among customers.
For example - the CLOUD COMPUTING motif is rated very high interms of popularity. Top 3 hold…
Here's an article that includes commentary from Pimco Dividend fund manager Brad Kinkelaar:
For Better Dividend Opportunities, Look Overseas
http://online.wsj.com/article/SB10001424052702303296604577452850482206134.html?mod=WSJ_PersonalFinance_PF…
I don't think it really means all that much but PQIIX (Pimco Div & Income) is a bit ahead of TIBIX YTD. So far so good out of the gates this year - nothing worrisome at all on that front so far.
But we can already see that PQIIX is taking a bi…
Reply to @scott: Which Pimco EM fund? The EM Equity one or the EM Multi-asset one?
It's still way too early to tell about whether it will be successful or not. The EM Multi-asset should be ok as it's hovering around 50/50 EM stock/bond. Pimco …
That's right --- if i had as much money as these 2 wealthy daughters....
http://www.autoblog.com/2011/06/15/bernie-ecclestones-daughter-buying-most-expensive-house-in-the/
....I'd probably only have 20% in stocks as well at such a beautiful and yo…
Reply to @David_Snowball: David - in your June commentary you also mentioned ARTRX being renamed from Artisan Growth Opportunities to Artisan Global Growth --- this fund definitely has my attraction although I wish it were a bit cheaper.
Andrew Ste…
Thanks David for the June commentary.
You mentioned...
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Goldman Sachs Mid Cap Value (GCMAX) will close to new investors at the end of July. Over the past five years the fund has been solidly . .. uh, “okay.” You could do worse. I…
Yes a lot of people have been switching to Credit Unions because they've become sick and tired of the changing/increasing banking fees and general ugly view of their industry and what's happening.
There's also been a surge in business in many of th…
Who's everyone banking with these days? We all know about the big name banks - reputation tarnished over the past few years and pisssed off many customers with less customer-friendly banking policies (i.e. Increased banking fees, etc).
What do y…
