Gavekal Capital: Yen the Most Significant Factor Last Week as Europe, Health Care Top Performance Rankings, Real Estate & Retail Lag

Monday, November 25, 2013

Yen the Most Significant Factor Last Week as Europe, Health Care Top Performance Rankings, Real Estate & Retail Lag

The yen was the most significant factor driving global stock prices last week while countries in Europe topped the list for performance on an equal weighted basis. Health Care was the sector standout as the only sector to finish in the green for the week. Utilities and Materials were the laggards, each finishing down at least 1% on average. From an industry standpoint, Diversified Financials and Insurance fared the best while Materials, Real Estate and Retailing finished at the bottom.

About Gavekal Capital

Gavekal Capital is a US registered investment advisory firm that manages the Gavekal Knowledge Leaders Strategy. Knowledge Leaders are a group of the world’s leading innovators with deep reservoirs of intangible capital. These companies often possess competitive advantages such as strong brand, proprietary knowledge or a unique distribution mechanism. Knowledge Leaders are largely service-based and advanced manufacturing businesses, often operating globally. Gavekal Capital seeks to identify the world’s leading knowledge companies through a proprietary process that analyzes corporate knowledge investments.
We offer the Gavekal Knowledge Leaders Strategy in multiple products for global investors. For more information about our product offerings please visit http://www.gavekalcapital.com.
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