Negative Interest Rates: A Primer for Equity Investors
Why are interest rates negative in many developed countries, what might turn the tide, and what are the implications for equity investors? We examine the factors driving interest rates into negative territory and important considerations for equity investors.
Quick Takes: A Negative Interest Rate Primer for Equity Investors
Why are interest rates negative in many developed countries, what might turn the tide, and what are the implications for equity investors? Senior Research Analyst Greg Squires shares Causeway's view on negative interest rates.
Quick Takes: The Case for Cyclicals
The valuation gap between cyclical and defensive stocks reached historic highs recently. Causeway portfolio manager Ellen Lee spotlights opportunities in undervalued cyclicals.
article / August 2019
Valuation Matters: Upside Potential in Banks and Telecommunication Services
We discuss the outlook for value stocks and highlight two industry groups, banks and telecommunication services, which we believe present potential for outperformance.
video / August 2019
Value Opportunities Among the Unloved: UK Stocks and European Banks
What happens when Brexit casts an additional cloud on beleaguered financials valuations? Watch our video for Causeway portfolio manager Conor Muldoon’s take on UK-listed financials.
video / August 2019
Rationalizing the Irrational: Video Highlights
Senior Research Analyst Ryan Myers shares video highlights of our research on the irrational implications of the current gap in value and growth multiples.
article / July 2019
Rationalizing the Irrational
Current market multiples for the MSCI Value indices suggest negative perpetuity growth for value stocks across all global geographies, even as the world economy is forecast to grow and value stocks have had superior earnings growth to growth stocks since the market trough in 2009. As the gap in implied earnings growth between value and growth stocks reaches new highs, we find the current value recession increasingly irrational.
webcast / July 2019
Causeway Funds Webcasts: 2Q2019
Causeway Funds invites you to view our 2Q2019 series of quarterly webcasts. During these webcasts, we review performance of our funds and share our investment outlook.
video / June 2019
Causeway Emerging Markets Performance Review and Outlook
In this video commentary, we discuss drivers of recent performance and the outlook for Causeway's Emerging Markets Equity Strategy.
article / May 2019
Highlights from Causeway Convergence 2019
We share investment videos from the Causeway research team on topics we featured at our March 2019 client conference.
webcast / April 2019
Causeway Funds Webcasts: 1Q2019
Causeway Funds invites you to view our 1Q2019 series of quarterly webcasts. During these webcasts, we review performance of our funds and share our investment outlook.