Research Briefing
| Aug 12, 2024
Equities Quick Take – A healthy tech correction
The global tech sector has fallen 8% since the market peak, and tech-heavy investment styles such as growth, quality, and momentum have suffered. However, losses have been more limited elsewhere with small caps and value stocks proving relatively resilient.
What you will learn:
- We see the current tech-led sell-off as a healthy correction, not the start of something more protracted. We think equities are underpinned by resilient activity, a broadening EPS recovery, and the prospect of imminent rate cuts.
- Small cap and value stocks have outperformed, and we expect this to continue as the global economy heads for a soft landing and investors rotate away from expensive tech names.
Tags:
Related Reports
Click here to subscribe to our asset management newsletter and get reports delivered directly to your mailbox
Small-cap stocks outperformance has further room to go
This blog post emphasises the critical need for a comprehensive analysis in climate risk management, recognising the value of NGFS and IPCC scenarios while advocating for tailored, nuanced approaches that leverage additional insights and data.
Read more: Small-cap stocks outperformance has further room to go
Economics for Asset Managers
Read more of our analysis and reports on asset management and economic outlook.
Read more: Economics for Asset Managers