Understand emerging markets opportunities and the American Century advantage.
By Jeff John, CFA - April 20, 2018
The topics du jour are a potential trade war and tariffs. While both issues are keeping pundits talking, they don’t have a lot of effect on our day-to-day operations. That being said, they’re creating volatility in the market and we use that to our advantage. We look at these sorts of events as opportunities to add to our portfolio—either by building new positions and new names, or adding incremental weight to existing holdings.
When we look at the market through a small cap value lens, transitory events are just one consideration. We also use our almost 20 years of experience running this strategy and our proprietary screening tool that uses 23 metrics to create a manageable opportunity set.
In this quarter’s outlook, I share details on our approach and talk about which industry has us concerned about high valuations.
There's a lot of talk about ESG investing. However, few managers have focused on emerging markets—and that's where we see a lot of potential.
Each generation of wireless technology enabled faster speeds and innovation. Could 5G also pave the way for improved social and environmental issues?
Focusing on quality has historically led us to companies with strong financial and ESG characteristics.
Trade war and tariffs are creating volatility—and creating opportunity for Sr. Small Cap Portfolio Manager Jeff John’s investment team.
April 20, 2018
Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
The opinions expressed are those of American Century Investments (or the portfolio manager) and are no guarantee of the future performance of any American Century Investments' portfolio. This material has been prepared for educational purposes only. It is not intended to provide, and should not be relied upon for, investment, accounting, legal or tax advice.
Portfolio managers are not licensed by the Hong Kong Securities and Futures Commission to perform any regulated function in or from Hong Kong. Furthermore, none of the portfolio managers are located in or operate in or from Hong Kong.
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