Archives: Questions And Answers
Following your comments relating to MVB vs Stocks I wondered about the same being applied to MVR. (acknowledging that MVB is restricted to one sector and MVR is many). I came up with a list of 9 constituent stocks and asked my new best friend Grok to review the list and compare/contrast etc with the ETF and expectations of future outperformance. It came back and basically said Im an idiot. MVR already restricts stock to max 8% and unless Im a fortune teller rejigging the percentage of sector/stocks etc is a pointless exercise and gave another half dozen reasons to abandon this exercise. Any general thoughts on Groks response ?
Hi Team, Any idea why Tribeca Asia credit trust IPO was pulled?
Dear learned team,
Thoughts on GQG after lower FUM?
Is this pricing overdone?
Hi MM,
In last week’s report you mentioned WAM and your views there, which is very much appreciated,
I’m seeking your insights on the implications for the Japanese stock market on Scott Bessant’s US support for the Japanese bond market. I’ve read a lot about how his fairly brazen efforts to lower the high US bond yields can be described as “bringing a knife to a gun fight” but what has changed is that an unhedged Japan fund (IJP – up 13.3% so far this FY) has significantly underperformed a hedged fund (HJPN – up 0.3%) reflecting the changed currency rates. Normally these two funds are a close match or HJPN performs much better, as in 2025 (up 25.6% vs 11.1%) or FY 2025/26 (up 58.7% vs 19.3%. Based on Trump’s entrenched war against Iran and US’s ever enlarging deficit it seems that IJP will continue to grow. But I’m very good at getting these things wrong!
America’s attempts to hold up their own government bonds are failing. The world is abandoning them. No one trusts US debt any more. What are the consequences of that here at home, both in bonds and our own stock market? And what is this talk of their using crypto as a way out? Why would that work if the rest of the world wasn’t interested in following suit?
Dear Team
