Global Investment Strategy
SMART Global Investment Strategy Division reviews global macro-economic,
social and other indicators in formulating long-term investment strategy
across various regions/countries and asset classes. Global Investment
Strategy Division has an eye for looking beyond macro-economic indicators
that defines a region/country's long-term and sustainable growth profile.
According to SMART, the factors that heavily weigh for a region/country's
sustainable growth are trade policy, fiscal burden of government, government
intervention in the economy, monetary policy, capital flows and foreign
investment, banking and finance, wages and prices, property rights, regulation,
informal market activity, human capital and its development, health care
and social security. SMART's 2006 global strategy theme is based on 'Economic
and Social Freedom' which is being used for Tactical Asset Allocation
purposes by the Asset Management Division and is coined as 'The 4R-Factors'
in investment. SMART strongly believes that the following 4R-Factors will
determine a region/country's growth sustainability and will provide excess
return over a long-run:-
Rates- interest, inflation, sustainable growth;
Reform- regulatory, financial, product and labor markets, social,
infrastructure, trade and tax;
Resources- human capital and its development;
SMART is currently back-testing its own 'Economic and Social Freedom Index'
based on the above-mentioned parameters.
Should you require further information on our current global investment
strategy or be on our mailing list to review our past and future strategies,
kindly contact us at email@example.com.
Related Areas: Global Asset Allocation
Strategy, Performance Measurement-
Benchmarking and Attribution Analysis, Product
Development- Investment Products and Managed Accounts, Wealth Management Strategy.