Investor Insights

Vontobel Asset Management: Investing in Global Health Care: A Realistic Prognosis   

09/30/11 -

The fundamental business model behind delivering health care, especially in the Western World, has now been thrown into question. Who pays for what? Will new rules stifle innovation? How should health care be rationed? Are high-priced cancer drugs worth the cost? How much is human life worth? These complex questions will define the health care debate for years to come, and answers are murky at best...

Vontobel Asset Management: Our Approach to Stock Research   

05/17/11 -

Our research team decribes in detail our approach to stock research.

Global Tobacco: Analyzing the Legal Risks   

01/03/11 -

Our research team has studied the international litigation landscape and the business model for tobacco and concludes that these historical returns are sustainable and that the risk is manageable. In this Investor Insights paper, we present our findings.

The Myth of GDP and Stock Market Returns   

04/01/10 -

Economists spend a great deal of time thinking about GDP growth rates in various countries around the world, and investors often consider these forecasts when deciding where to put their money. Common wisdom is that countries with strong long-term economic growth prospects are more likely to provide attractive stock market returns than countries with slower growth expectations. This piece refutes the view that strong GDP growth necessarily correlates to high stock market returns.

China: A Look Under the Hood   

03/16/10 -

Portfolios tend to have little exposure to companies in that country. In this piece, we try to address this question by looking at China both from a top-down and bottom-up perspective.