Investmentthemen 2019: Asien, EM, USA und Regulation

Auch weitere Themen werden in diesem Jahr eine Rolle spielen. In "2019 Investment Themes" (PDF, Englisch) verfassten die Experten von Aberdeen Standard Investments acht prägnante Meinungen und Kommentare. 

Sie fokussieren sich dabei auf folgende Aspekte: 

Asien und Schwellenländer: 

• "Asia's winning cities: outlook for 2019":
  Cooling house prices after a clampdown by authorities on runaway will create a rare window for investors in residential real estate.
  
  
• "China's long green march"
  Policymakers in Beijing can not afford to allow pollution to undermine economic and social welfare. It offers a structural driver that smart investors can take advantage of.

• "The changing world of emerging markets investing":
  Keeping an eye on US Fed policy, US dollar trends and the IMF went quite a long way to understanding the most important external variables for EM economies. That is no longer the case.

• "Food for thought"
  Food is not only a successful Asian cultural export, it is also a measure of how life has improved over the past three decades for those remaining in the region.

USA:

• "Is the US technology industry being defanged"
  Fears that the authorities are catching up with FAANGS lay partly beind the puncturing of their share price bubble in the latter half of 2018. We think there could be worse to come, and that 2019 will be another uncomfortable year for investors in these companies.

Regulation:

• "Life after LIBOR"
  What happens when the "world's most important number" disappears?

• "Consolidation constrained"
  On the face of it, European banks look ripe for mergers and acquisitions. Regulators have been talking up the prospects for mergers for a long time and consolidation is all but inevitable at some point.

Zunehmender Populismus in der Politik:

• "The four stages of populism"
  The public's relationship with 'populist' politicians will shape the political backdrop for markets.