Giles Keating head of the Credit Suisse Global Economics and Strategy Group (GESG) outlines 10 investment themes for 2008 in the Credit Suisse Magazine, namely:
One: Frontier Markets-underpinned by growth stories of undeveloped financial markets as the Indian subcontinent like
Two: Asian Currencies- a play on relative undervaluation and expectations of continued economic outperformance
Three: US Presidential Elections- a punt on the cyclicality of the US Presidential elections and industries likely to benefit from the biases/preferences of the incoming President or of the political party behind the new president, e.g. broad health care
Four: Inflation-Linked Bonds-a wager on the possible impact of monetary policies, “inflation-linked bonds do well in an environment where real interest rates tend to go down because of economic weakness, and when inflation remains an issue”
Five: Chinese Brand Names-a position on the growth potentials of
Six: Climate Change-today’s highly compelling political and economic theme focusing on environmental preservation ranging from alternative energy to water issues
Seven: Commodities- a bet on the commodity cycle.
Eight: Community Investment- themes focusing on the concept of “charitable giving” or “socially responsible” investing as microfinancing
Nine: Cheap Distressed Assets-"value" investments
Ten: Quality Credits-fixed income investments which ensures cash flows from quality issues in a slowing economy
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