THE WisdomTree BLOG
Alongside gold, silver has staged a rally late in 2018, gaining just over 10% in the month of December 2018. Silver’s close correlation with gold helps explain the sharp movement. In this blog we formulate our outlook for Silver for 2019.
2019 is likely to be a good year for Japan. However, there are some outlier scenarios investors may worry about. Improbable as they may seem, any movement toward their far-out direction will force a true about-face in the current consensus. Jesper Koll outlines 10 potential surprises for Japan in 2019.
As widely expected, the policy makers implemented their fourth rate hike of 2018. This part of the US Federal Reserve outlook was the easy part of the equation; now comes the more challenging aspect: What will the FOMC do in 2019?
Last week’s “Behind the Markets” podcast on Wharton Business Radio featured Nitesh Shah from our European Research team, Geetesh Bhardwaj from SummerHaven Investment, with hosts Liqian Ren (from WisdomTree USA) and Wes Gray (from Alpha Architect).
Investors looking to invest in Exchange Traded Products (ETPs)—whether that is a fund or a note—may notice there are different currencies associated with the instrument. These currencies can have a significant impact on the return of the product, and therefore it’s important to understand how they work and why they fluctuate. This article seeks to offer some clarity to investors and traders around how currencies in ETPs work.
OPEC+ agreed to cut production by more than the market expected. Saudi Arabia has defied US calls for keeping production elevated. Also, the cartel is strengthening its framework for cooperation. Agreement should be positive for oil prices.
When examining the fixed income market outlook within the Euro zone, inevitably the discussion turns to Italy, and what the potential ramifications of this ongoing budget saga will be. But if we were to turn our attention to the broader economic outlook, how would that discussion pivot?
Today, there are more investment choices than ever before. Yet, when looking for income, a lot of investors tend face a choice between taking more risks or accepting lower income. In this blog we look at how dividend-paying stocks can be considered as a possible alternative source of income.
Brent oil has fallen 23% in the past month. Fears of oil market surplus have driven the slide. The suddenness of the collapse feels eerily similar to the November 2014 experience. However, we believe the Organization of the Petroleum Exporting Countries (OPEC) will act to stem the decline at its meeting on 6th December 2018, unlike in 2014.
Christopher Gannatti
Head of Research
Christopher Gannatti began at WisdomTree as a Research Analyst in December 2010, working directly with Jeremy Schwartz, CFA®, Director of Research. He is involved in creating and communicating WisdomTree’s thoughts on the markets, as well as analysing existing strategies and developing new approaches. Christopher came to WisdomTree from Lord Abbett, where he worked for four and a half years as a Regional Consultant. He received his MBA in Quantitative Finance, Accounting, and Economics from NYU’s Stern School of Business in 2010, and he received his bachelor’s degree from Colgate University in Economics in 2006. Christopher is a holder of the Chartered Financial Analyst designation.
Kevin Flanagan
Senior Fixed Income Strategist
Kevin Flanagan joined WisdomTree in 2016 as Senior Fixed Income Strategist. He contributes to the asset allocation team and provides expertise on WisdomTree’s global fixed income content. Prior to joining WisdomTree, Kevin spent 30 years at Morgan Stanley, where he was most recently a Managing Director. He was responsible for tactical and strategic recommendations and created asset allocation models for fixed income securities. He was a contributor to the Morgan Stanley Wealth Management Global Investment Committee, primary author of Morgan Stanley Wealth Management’s monthly and weekly fixed income publications, and collaborated with the firm’s Research and Consulting Group Divisions to build ETF and fund manager asset allocation models. Kevin has an MBA from Pace University’s Lubin Graduate School of Business, and a B.S in Finance from Fairfield University.
Aneeka Gupta
Associate Director of Research
Aneeka Gupta is Associate Director of Research at WisdomTree. Prior to the acquisition of ETF Securities in April 2018, Aneeka worked as an Equity & Commodities Strategist at the company. Aneeka has 13 years of experience working as a Research Analyst across a wide range of asset classes. In her current role she is responsible for conducting analysis for all in-house commodity and macro publications and assisting the sales team with client queries around products and markets.
Prior to ETF Securities, Aneeka began her career as an equity analyst at Bear Stearns International Ltd in London. She also worked as an Equity Sales Trader at Sunrise Brokers across US and Pan European Exchanges. Before that she worked as an Equity Derivatives Sales Manager at Mashreq Bank in Dubai.
Aneeka holds a Bsc in Mathematics from the University of Delhi and a Masters in Mathematics from Oxford University and is also a CFA Charterholder.
Prior to ETF Securities, Aneeka began her career as an equity analyst at Bear Stearns International Ltd in London. She also worked as an Equity Sales Trader at Sunrise Brokers across US and Pan European Exchanges. Before that she worked as an Equity Derivatives Sales Manager at Mashreq Bank in Dubai.
Aneeka holds a Bsc in Mathematics from the University of Delhi and a Masters in Mathematics from Oxford University and is also a CFA Charterholder.
Nitesh Shah
Director, Research
Nitesh is Director of Research at WisdomTree. Prior to the acquisition of ETF Securities in April 2018, Nitesh was a Commodities Strategist for the company. Nitesh has 16 years of experience as an economist and strategist, covering a wide range of markets and asset classes.
Before joining ETF Securities, Nitesh was an economist covering the European structured finance markets at Moody’s Investors Service and was a member of Moody’s global macroeconomics team. Before that he was an economist at the Pension Protection Fund and an equity strategist at Decision Economics.
He started his career at HSBC Investment Bank. Nitesh holds a Bachelor of Science in Economics from the London School of Economics and a Master of Arts in International Economics and Finance from Brandeis University (USA).
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.
Jason Guthrie
Director of Capital Markets
Jason Guthrie is Director of Capital Markets for WisdomTree in Europe. Guthrie is responsible for ensuring smooth trade execution across WisdomTree’s UCITS ETFs and Boost ETPs throughout Europe, Israel and Latin America. Prior to joining WisdomTree, Guthrie worked at Deutsche Bank within its ETF Capital Markets group. Before Deutsche Bank, he worked at Macquarie Bank as an Investment Executive based in Sydney, Australia. Jason holds a Bachelor of Commerce (Finance) from Macquarie University in Sydney.
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.
Florian Ginez
Research Analyst
Florian Ginez is a Research Analyst for WisdomTree in Europe. He is responsible for market analysis, formulating investment and hedging strategies, trade ideas, as well as the development of products collateral and automating research processes. He also works closely with WisdomTree’s Quantitative Group on data analytics. Florian joined WisdomTree in 2016 after he started his career as an Assistant Portfolio Manager at Amaïka Asset Management in Paris, researching factor investing. Florian holds a Master’s degree from Reims Management School.
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.
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.
Jack Jiang
Senior ETF Specialist, Index and Quantitative Investment, ICBC Credit Suisse Asset Management (International) Company Limited
Mr. Jiang joined ICBC Credit Suisse Asset Management (International) Company Limited as Senior ETF Specialist of Index and Quantitative Investment Department in November 2017. Before joining ICBC CS (International), Mr. Jiang was Director, Head of China in the client coverage team of S&P Dow Jones Indices, where he led the effort on sales and marketing in China. Prior to that, he was the head of the sales team of Dow Jones Newswire in China. Mr. Jiang had also worked for Platts, another subsidiary of S&P Global as Head of Beijing office. Mr. Jiang holds double degree, a Bachelor degree of Economy in International Economy and Business, and a Bachelor degree of Science in Automobile Engineering, with a minor degree in Computer Science, from Beijing Polytechnic University.