For over a decade, Entext has provided global institutional investors with distinctive, actionable asset allocation and thematic research, which typically challenges the market consensus. We focus on identifying key secular trends as well as tactical inflection points in relative asset performance, amid the confirmation bias and herding that typifies much investment bank analysis.
For example, in the early 2016 deflation panic, we turned bullish on EM local currency and US junk debt, global resources and value over momentum. Coming into 2017, we moved short USD and long equity growth over value, long EM over DM (focused on North Asia and tech).
Into 2018, we closed the EM overweight, moved short Asian tech on our 'peak smartphone' thesis and long volatility/USD. In 2019, key contrarian calls included going long global value including banks in Q3 as a yield curve steepening bet, in anticipation of US recession fears peaking.
Thematic coverage of key structural trends via baskets of 6-8 liquid large cap names complements our asset allocation coverage. In 2019, these themes again outperformed, returning from 44% for cloud cyber-security, 53% for AI data analytics, 44% for E-sports/gaming and 47% for the 'embedded intelligence' group of semi/sensor names.
Please contact us for further details or visit ENTX <Go> on Bloomberg for trial entitlement.
Access is also available by request via other leading financial data platforms including Refinitiv and FactSet
Proven Alpha Generation
Our analysis is designed to be highly actionable via specific and typically non-consensus market insights.
A sample track record of contrarian, uncorrelated ideas over recent years is available.
Cohesive Multi-Asset Analysis
Our Weekly Insight note covers key structural themes and tactical market opportunities across most asset classes. Clients regard the analysis as uniquely wide ranging and timely.
We seek to cut through market noise to identify critical trends and inflection points in relative performance - and make that process an incisive and stimulating read.
Macro Impact of Technology
Understanding the macro and portfolio construction implications of key technology trends is a key differentiating feature of our analysis.
Please contact us for details of a trial subscription and client roadshows.
Subscription trials and curated access available via our MiFid II compliant partners for pre-qualified professional clients.
Entext is an appointed representative of Messels Ltd, which is authorized and regulated by the UK Financial Conduct Authority.
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Tel: +44 207 6872213