Segall Bryant & Hamill
August 22, 2022
Segall Bryant & Hamill leverages its proprietary investment research, deep industry experience and long‐tenured team to provide intelligently constructed portfolio solutions.

Harvesting Alpha in Non-U.S. Markets

In early January of this year, we released our  Harvesting Alpha in Non-U.S. Markets  podcast in which we discussed opportunities in non-U.S. markets. Since then, economic uncertainty has soared due to the war in Ukraine, China’s COVID lockdown, rising inflation, and the risk of recession on a global basis.

Given these recent developments, we regrouped our speakers, Scott Decatur, Ph.D., Director of Quantitative International strategies, and John Fenley, CFA, Director of Fundamental International strategies, to provide an update on where they are finding non-U.S. opportunities and alpha in the current economic and market environment.

Key Takeaways

  • Historical non-U.S. market opportunities have emerged given the sell-off in global equities and widening of valuations.
  • There has been a significant shift in investor sentiment away from expensive growth businesses to high-quality value businesses that should extend into the foreseeable future.
  • We believe now is a good time to invest in non-U.S. markets as they have been ahead of the U.S. in terms of pricing in the risks that are now materializing.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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