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Chris Nicholas, Head of UK Wholesale Fund Sales at Pacific Asset Management

When it comes to Pacific Asset Management’s Emerging Markets expertise, the Partners who manage the Pacific North of South EM All Cap (value) strategy sometimes do not get equal prominence when it comes to the sales and marketing effort. However, as an owner-operated, specialty EM boutique their process relies on the close collaboration of a tightly-knit team. 

Will Bartleet, CIO and multi-asset portfolio manager at Pacific Asset Management features in the latest edition of ETF Stream - Expert Investor series. The series interviews key individuals from across the fund selection and research space about the ETF industry and how they use ETFs in their portfolios.
 
Read the full interview here. https://www.etfstream.com/feature/8973_expert-investors-will-bartleet-of-pacific-am/  

Latest Emerging Market Viewpoints
From the North of South Capital team

Argentina: Never as good as it looks… but never as bad
Our mantra on Argentina is that it is never as good as it looks but also never as bad as it looks. We have reduced exposure to Argentina over the past few months as the markets increasingly priced in a certain Macri victory. 

Pacific Asset Management announces a strategic partnership with Zen Wealth LLP, an award-winning Wealth Management firm founded in 2012
Read the full press release below

Pacific Asset Management (PAM), the core asset management business of Sir John Beckwith’s Pacific Investments Group and Chartered Financial Management (UK) Ltd (CFM(UK)) are delighted to announce they have entered into a strategic partnership with Zen Wealth LLP. 

Pacific G10 Macro Rates Webcast
Listen to the Pacific G10 Macro Rates team for a 45 minutes webcast, as they explain their obsession with liquidity, share the rationale behind three recent RV rates trades and how volatility will likely present further opportunities for their strategy.  

Latest Emerging Market Viewpoints
From Matt Linsey and the North of South Capital team

The hunt for yield is back
Over the past nine months the world has changed dramatically. Towards the end of last summer, US 10 year bond yields were at 3.2% - levels almost recognizable to someone from a time before QE and ZIRP. German 10 year bond yields were low but clearly positive. Emerging markets were responding in ways that reflected their fundamental strengths and weaknesses – a collapse in Turkey and Argentina, steadily rising yields elsewhere. Normalization of interest rate policy was expected and asset prices were going to reflect this. 

Latest G10 Macro Rates Blog
With Shayne Dunlap, Co-Portfolio Manager

When is daily liquidity not daily liquidity?
Easy, when the fund is gated, or more technically when there is a mismatch between the liquidity of the wrapper (daily UCITS etc) and the less liquid underlying investments.  

G10 Macro Rates – Lunchtime Event
The Clubhouse, St. James's Square, London, 26 June 2019

Pacific Asset Management was delighted yesterday to host a G10 Macro Rates Roundtable event in St James’s and many thanks to those who joined us who helped make it a success. 

Will Bartleet, CIO and Portfolio Manager of Pacific Multi-Asset
The importance of being genuinely multi-asset in the face of global trade wars

It looked as though trade peace had broken out between the US and China. Now Trump’s latest salvo of new tariffs and ban on Chinese telecom giant Huawei threatens to usher in a long-term conflict over technology supremacy. 

Latest G10 Macro Rates Blog
With Shayne Dunlap, Co-Portfolio Manager

Take away the punchbowl/Kill the Zombies!
At a recent meeting with a respected economic research firm, they alluded to the fact that the quick back track by the Fed earlier this year may have avoided yet another recession and lengthened the economic cycle by a few more years – To which I questioned – “Are Central Banks meant to avoid recessions or depressions?”