The equity market appears convinced that we have entered a healthier stage, seeing a synchronous global expansion early in its upturn.
The Chinese economy delivered many surprises in the first half of the year, disappointing (yet again) the pundits who predicted a hard landing.
Smart beta has almost as many definitions as there are people who use the term. Let’s begin, then, by specifying what we at BlackRock mean by it.
Shares are not simply pieces of paper. When you invest in equities, you are essentially buying a fractional ownership interest in a business.