Not Registered? Register Now.

1. My Profile >2. Additional Information

By submitting below you certify that you have read and agree to our privacy policy.

THE WisdomTree BLOG

Nizam Hamid / Macro Alerts, US 12 May 2017

US corporate tax cuts: What’s the upside for equities?

Nizam Hamid

Over the past few months since the US election, markets have been driven by the expectation of the reflation trade and the positive impact on both the US economy and equities. 

SEE MORE
WisdomTree / US, Macro Alerts 16 Mar 2017

Fed Watch Spring Forward

WisdomTree
The Federal Reserve (Fed) has decided to “spring forward” its monetary policy decisions. In what had become only recently a highly telegraphed move, the voting members implemented another 25 basis points (bps) increase in the target range for the Federal Funds Rate at their March policy convocation. However, prior to this action, the markets had been operating under the assumption that the first rate hike for 2017 would happen in June, not three months earlier. So, the natural questions are: what was the reasoning behind this latest rate hike, and where does that leave potential policy decisions going forward?
SEE MORE
Nick Leung / Macro Alerts, US 08 Feb 2017

WisdomTree’s toolbox for trading Trump and rising rates

Nick Leung
The market has remained relatively optimistic on the prospect of a pro-growth Trump agenda, even as equity valuations look stretched. It could be the ideal time to dig deeper into the various style opportunities on offer: WisdomTree’s Quality Dividend Growth, Equity Income and SmallCap Dividend strategies offer distinct ways to invest in the US in 2017. This brief explores the potential valuation and style opportunities available following the December annual rebalance.
SEE MORE
Jesper Koll / Macro Alerts, Japan, US 07 Feb 2017

Trump's America & Abe's Japan - Concrete Proposals

Jesper Koll
Japanese Prime Minister Shinzo Abe is poised to be the first global leader to present President Trump with a concrete policy proposal that is designed to shape and promote Trump’s “America First” agenda and, at the same time, to advance the US-Japan alliance. After meeting the then President-elect for the first time on November 17, Abe will meet Trump for the second time on 10-11 February and PM Abe appears very determined to impress the President by offering a concrete “deal” so that both countries can move from talk to action. If, as we suspect, the meeting goes well, the implications are poised to be positive for US-Japan economic and financial relations.
SEE MORE
WisdomTree / Macro Alerts, Japan, US 24 Jan 2017

How the Yen and Japanese equities benefit from the changes in US Treasury yields

WisdomTree
We believe the Yen, which rallied approximately 18% through the first three quarters of 2016, did so in part because expectations for Fed rate hikes were lowered in the first six weeks of 2016. That’s changed dramatically since Trump’s election, as prospects for future inflation and future GDP growth have improved. The Yen has weakened while US rates and the Dollar rose. This is providing a tailwind for Japanese stocks and for the earnings expectations for Japanese multinationals and Japanese banks this year. If one were neutralising the currency, Japanese stocks have been one of the best performing asset classes since Trump’s victory – up more than 17%[1]. Given the current differential in interest rates, we believe investors wishing to gain exposure to the Japanese, and even European, equity markets should consider doing so in a currency-hedged fashion.
SEE MORE
Nizam Hamid / Macro Alerts, US 02 Dec 2016

Our thoughts on allocating for a President Trump world

Nizam Hamid
In a nutshell, we believe a Trump victory – especially coupled with a Republican Congress – is very good for US mid cap, US small cap and overseas markets, such as Japan, that are sensitive to a strong USD/weak domestic currency. Shortly after the US Election results, the market began to immediately discount expected policy changes next year that will likely lead to a pro-growth economic agenda. That agenda includes cuts in individual and corporate tax rates, increased spending on defence and infrastructure, and a rollback on energy (good for energy stocks and industrials), and regulations including Dodd-Frank (good for financials) and the Affordable Care Act (good for small businesses).
SEE MORE
Jesper Koll / Macro Alerts, Japan, US 10 Nov 2016

Japan is ready for Trump

Jesper Koll
Against the initial risk-off shock reaction in Japanese markets, I think Japan is actually well prepared for a Trump Presidency. In my view, Team Abe will surprise by speedy and constructive counter policy - a sizable fiscal "war chest" has been put aside already, de-facto monetized by a BoJ committed to cap borrowing costs at zero percent.
SEE MORE
Viktor Nossek / Macro Alerts, US 09 Nov 2016

Trump wins. How are you positioned?

Viktor Nossek
At last. The long awaited decision on America’s 45th president has been decided. But regardless of whether you were Team Clinton or Team Trump, now’s the time to take a closer look at what you are holding in your portfolio. In the below, we outline our thoughts on positioning for both the short-term and the long-term using Exchange Traded Products (UCITS ETFs and Exchange Traded Notes).
SEE MORE
Viktor Nossek / Macro Alerts, US 02 Nov 2016

The US Election: Allocating for a Trump or Clinton Win

Viktor Nossek
In an information age where private or secret matters can readily be made public and reach critical mass via social media, opinions and perceptions can turn quickly. With less than a week left before Americans go to the polls, the outcome of who will become the next US president is still open. Furthermore, this election’s polarised mood and rhetoric is pushing a divided electorate further into the extremes of the left and right-wing camp, leaving a large number of turned-off and undecided voters.
SEE MORE

Nizam Hamid

ETF Strategist

Nizam Hamid is an ETF Strategist for WisdomTree in Europe and has extensive experience in the European ETF market. Prior to this he was at C8 Investments, a systematic hedge fund, focusing on business development and quantitative strategies, before that he was a consultant at FTSE. From 2010 to 2012, he was Head of ETF Strategy and Deputy Head of Lyxor ETFs, at the time Europe’s second largest ETF issuer. Before joining Lyxor he was Head of Sales Strategy for the Europe and the Middle East at iShares in London. Prior to that, he was Global Head of ETFs, Portfolio and Index Strategy at Deutsche Bank from 1998 to 2008. He has also worked as a quantitative analyst in London and Tokyo for UBS, BZW and Bankers Trust / NatWest Markets. He holds a Degree in Economics from the University of Liverpool.

Viktor Nossek

Director of Research

Viktor, who has over 14 years’ experience in research, joined the firm from Renaissance Asset Managers where he was Head of Research. Viktor provides macro research on various themes covering equities, commodities and fixed income. His research for WisdomTree in Europe offers investment strategies for the current range of Smart Beta UCITS ETFs as well as the Boost range of short and leveraged Exchange Traded Notes. Viktor has previously worked as a Research Analyst at BlackRock and Thomson Financial. He started his career as an Equity Strategist at Commerzbank, after he completed a Masters in Economics from Maastricht University, in the Netherlands.

Nick Leung

Research Analyst

Nick Leung is a Research Analyst for WisdomTree in Europe. He is responsible for macroeconomic commentary and analysis, formulating investment strategies and trade ideas, as well as the maintenance of research collateral. Prior to joining in 2015, Nick was at Source, having completed his Master’s Degree at Imperial College London. During this time he was also involved in an ice-cream entrepreneurship project with Unilever. Nick holds a BA in Economics from the University of Nottingham.

Jesper Koll

WisdomTree's Head of Japan

Jesper Koll was appointed Chief Executive Officer of WisdomTree Japan on July 1, 2015. Over the past two decades Jesper has been consistently ranked as one of the top Japan strategists/economists, working as Chief Strategist and Head of Research for major U.S. investment banks J.P. Morgan and Merrill Lynch. His analysis and insights have earned him a position on several Japanese government advisory committees and Jesper is also one of the few non-Japanese members of the Keizai Doyukai, the Japan Association of Corporate Executives. He has written two books in Japanese, Towards a New Japanese Golden Age and The End of Heisei Deflation. After arriving in Japan in 1986 Jesper initially worked as an aide to a Member of Parliament. Jesper has a Masters degree from the School of Advanced and International Studies at Johns Hopkins University and was a research fellow at both Tokyo University and Kyoto University. He is a graduate of the Lester B. Pearson College of the Pacific.

Vania Pang

Capital Markets and Investment Solutions, Index and Quantitative Investment, ICBC Credit Suisse Asset Management (International) Company Limited

Ms. Pang is responsible for Capital Markets and Investment Solutions functions of the Index and Quantitative Investment department at the ICBC Credit Suisse Asset Management (International) Company Limited. From 2012 to 2016, Ms. Pang was the Vice President of Corporate Strategy and Development, Asia Coal Limited, where she led the strategic mergers and acquisitions, capital raising and investor relations management. Prior to that, she was the Associate Director, Business Development of Crown One Asset Management Company Limited, responsible for sales and marketing of fund products. Between 2007 and 2008, Ms. Pang was Assistant Manager, Public Distribution Hong Kong (Equity Derivatives and Private Investor Product Sales) of RBS, handling sales and marketing of listed equity derivatives products. Before joining RBS, she was an anchor and reporter with the Cable TV and Hong Kong Economic Journal.

Ms. Pang holds a M.Sc. in Development Finance from The University of Manchester, a M.A. in Journalism and a B.A. in Business Administration from The Chinese University of Hong Kong. 

REGISTER TO RECEIVE BLOG ALERTS

By submitting below you certify that you have read and agree to our privacy policy.