Best Blogs of the Week #230
Three posts this week headlined by a succinct BlackRock view on factor investing.
BlackRock – 3 things you should know about factor investing – Factor strategies like smart beta capitalize on today’s advancements in data and technology to give all investors access to time-tested investment ideas, once only accessible to large institutions.
Invesco – Despite political turmoil, there are still bright spots in Brazil – Brazil had a massive sell-off last year, but has been a top performer year-to-date. Overall, the Brazilian market is trading at 12 times forward earnings, which seems expensive to us, considering that its five-year average price-to-earnings ratio is 10 times
Loomis Sayles – Green Shoots in China Promising – the rest of the world is largely leveraged to ‘old China’ via heavy industry and construction. And on that front, lending to corporates was soft in March and the People’s Bank of China survey of industrial enterprises suggests an ongoing sluggish outlook.