Global Perspectives

KKR Insights
U.S. Equities: Begin the Process of “Leaning In”
BY HENRY H. MCVEY • Sep 08, 2015

U.S. Equities: Begin the Process of “Leaning In”

We are adding two percent to our U.S. Equity position, lifting our weighting to 22% from 20% and a benchmark of 20%. This increase now takes our overall Global Equity allocation to above benchmark for the first time this year, with a notable overweight to developed markets relative to an underweight in emerging markets. See the following pages for specific details, but we fund this increase in U.S. Equities by reducing the cash balance we elected to build up in January 2015. From a cyclical p....

BY HENRY H. MCVEY • Jun 25, 2015

Midyear Outlook: Five Distinct Macro Disconnects

While we certainly appreciate that generating outsized returns has gotten more complicated as the cycle has progressed, we still see five distinct ....

BY HENRY H. MCVEY • May 14, 2015

Emerging Market Equities: The Case for Selectivity Remains

While the recent downturn in both valuations and return on equity might suggest that now is the time to begin buying public emerging market equities ....

BY HENRY H. MCVEY • Feb 24, 2015

China’s Rebalancing Effort: Will It Be Enough?

Over the past 10 years, China has been the fastest growing major economy in the world.  It has also had among the worst stock market returns a....

BY HENRY H. MCVEY • Jan 08, 2015

Getting Closer to Home

While the general backdrop for risk assets remains favorable, we are no longer advising folks to “Stay the Course” as we did in our January 201....

BY JOHANNES P. HUTH, Tomáš Kubica • Nov 02, 2014

Unlocking the World for Central and Eastern European Champions

Twenty five years after the fall of the Berlin Wall, the broader Central and Eastern Europe (CEE region) is once again a flashpoint of global geopo....