Gavekal Capital: Macro Factors are Back on Top According to Our Factor Scoring Work

Tuesday, March 11, 2014

Macro Factors are Back on Top According to Our Factor Scoring Work

The last week has seen some interesting developments in geopolitics, Chinese finance and copper prices. Amid all that it maybe doesn't come as a surprise that macroeconomic factors such as the yield on treasury bonds and the price of oil have topped our list as the most significant factors driving world stock prices over the last week. We will be watching carefully over the next few days the evolution of our factor work to see if macro factors continue to dominate the direction of stock prices.

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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