Entries filed under 'International Stocks'

    Finding Opportunity—and Managing Risk—Amid International Volatility

    February 3, 2016 4:00 PM by Vincent McBride

    For all the turmoil in international equity markets this year, there are a number of positives.


    Given the volatility we’ve seen in international equity markets since the start of the year, investors are now asking, “What’s next?” 

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    Why Irish Eyes Are Smiling

    September 24, 2015 4:58 PM by Harold E. Sharon

    Thanks to a "NICE" recovery—that is, non-inflationary, creditless expansion—once-beleaguered Ireland is poised to report the fastest economic growth in the eurozone over the next two years.

    - “A commercial building in the middle of downtown Dublin thought to be worth €50 million sells for €90 million.”
    - “Taxes are being cut, and government spending is increasing in the 2016 budget.”
    - “GDP is above the 2007 peak, and growing at roughly 5.5% for 2015.”

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    Global M&A on a Roll

    July 17, 2015 4:40 PM by Lord Abbett Editorial Staff

    With a combination of low interest rates, collapsing oil prices, and the search for new drugs in the pharmaceutical industry, mergers and acquisitions have surged to a near-record pace.  

    Let us prey. Pardon the pun, but this phrase seems a fair description of the mindset behind the staggering level of mergers and acquisition (M&A) activity. Led by a resurgence of deals totaling more than $5 billion, the value of worldwide M&A hit $3.5 trillion during 2014, a 47% increase over 2013, marking the strongest year for deal making since 2007, Thomson Reuters reports.1 And volumes in 2015, propelled by record valuations in the United States,2 could be even higher.

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    Small-Cap World Tour: The REIT Time for Spain?

    June 26, 2015 9:55 AM by Harold E. Sharon

    With quantitative easing driving recovery in Europe, some Spanish real estate investment opportunities feature the potential for attractive yields and capital appreciation.

    (Third of a three-part series.)

    After investing aggressively in German real estate companies, Lord Abbett’s international small cap equity team has found similar opportunities in Spain, one of the cheaper rental markets for commercial space in Europe.

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    Small-Cap World Tour: A Yen for Japan

    June 19, 2015 12:20 PM by Harold E. Sharon

    Why Japan is attracting more foreign investors in small caps

    (Second of a three-part series.)

    The Lord Abbett International Opportunities Fund looks at a variety of companies in small cap. They may be best of breed, with a long track record, quality management, and strong niches they dominate. They may be younger companies with true growth potential in relatively new industries, or they may simply be overlooked companies, whose intrinsic value may have been underestimated by the market.

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    Small-Cap World Tour: Passage to India

    June 16, 2015 4:50 PM by Harold E. Sharon

    Why certain small caps in India appear more attractive than in China

    (First of a three-part series.)

    Imagine a politically dysfunctional country that imports 80% of the oil it consumes. If world oil prices hit $100 or more, double-digit inflation is likely to ensue. Factor in a new pro-market government, widespread reforms and lower commodity prices, including oil, and that country is likely to attract considerable amounts of international investment.

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    Why Some Investors Might Holler for the Dollar

    November 28, 2014 10:54 AM by Lord Abbett Editorial Staff

    While past performance is no guarantee of future results, continued U.S. dollar strength bodes well for global equities.

    When a major institutional investor questioned how long the U.S. dollar’s strength could continue versus the flagging euro, three Lord Abbett partners—Leah Traub, Ph.D (an emerging markets debt and currency portfolio manager who provides support for the firm’s currency hedging strategies), Vincent McBride (responsible for establishing the strategy for the firm’s large cap international equity funds), and Harold Sharon (the firm’s international strategist)—responded quickly. Among their key conclusions:

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    Alibaba Debuts in a Bustling IPO Bazaar

    September 22, 2014 3:27 PM by Lord Abbett Editorial Staff

    The initial public offering market has heated up. What are the implications for active equity managers?

    If ever there were an initial public offering (IPO) that underscores the market's search for growth in a slow-growth economic environment, the September 19th debut of China's leading e-commerce company likely would be it.

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    Why International Dividends' Total Returns Are Attracting Greater Attention

    July 10, 2014 10:43 AM by Lord Abbett Editorial Staff

    High dividend yields overseas and a rigorous valuation approach can increase the potential for strong total returns.

    What a difference a year makes.  After being hit in 2013 by U.S. Fed tapering fears, the Lord Abbett International Dividend Income Fund has benefitted from continued low bond yields by investing in undervalued stocks with high and sustainable dividends and that have the potential to produce strong total returns.

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    Why Europe May Attract More Investor Attention

    April 23, 2014 2:01 PM by Harold E. Sharon

    After years of lagging the global economic recovery, Europe is showing signs that it can stave off deflation and rekindle meaningful growth.

    Harold Sharon, Lord Abbett Partner and International Strategist

    While other major economies have recovered at varying rates from the global financial crisis, the eurozone has been the clear laggard. For Europe, stimulus came late, was very hard to coordinate in a timely way, and was diluted over time.  The upshot is that Europe, if policymakers can agree, has more room to accommodate further measures, such as central bank support, fiscal reforms, and structural economic reforms.  If so, there may be more reaction still ahead in Europe that can support the capital markets, and perhaps this warrants more investor attention for that reason alone.

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