RESEARCH & NEWS

At MSM, we pride ourselves in bringing relevant and timely proprietary and paid third party research to our clients

Third Party Fund Recommendation

Third Party Fund Recommendation

We attach the following selection of sector/regional funds that are reflective of our areas of interest in the current market environment. We will use active managers that have a proven expertise and meet our selection criteria (e.g. liquidity, transparency and ...
MSM Absolute Return USD Portfolio to 30th April 2018

MSM Absolute Return USD Portfolio to 30th April 2018

The USD based Absolute Return Portfolio is focused on delivering absolute returns over the course of a three year investment cycle through a multi-asset approach. It holds both strategic medium-term investments (core book) and tactical trades (short-term hedging/positioning book) as ...
Global Equity Overview

Global Equity Overview

Indexed performance of the Global Equity indices that we track in local currency Vs USD ...
Interest Rates and Fixed Income Monitor

Interest Rates and Fixed Income Monitor

Global Monitor of Sovereign debt and short term interest rates ...
Quick Look Back

Quick Look Back

Quick look back – 4Q’17 continued on a Risk-On roll during the month of November with a bias towards developed markets (DM) as macro-data for the G-10 surprised on the upside. Global equity investors were rewarded (MSCI AC World Equity ...
Look Ahead For Markets

Look Ahead For Markets

It is that time of the year when market liquidity begins to dry up as trading desks begin their annual process of locking in their gains to maximize their probability of getting a performance bonus for the year. This leads ...
KEY MARKET DRIVER: How will the probable passage of the GOP Tax plan impact US companies and the economy?

KEY MARKET DRIVER: How will the probable passage of the GOP Tax plan impact US companies and the eco...

Post his inauguration, we like many others remained focused on what his administration did and not on what he said he did. Not much has changed since we wrote that the Trump show would be the "gift that keeps on ...
Sovereign Debt and Regional Outlook

Sovereign Debt and Regional Outlook

A Macro Outlook and positioning on key regional sectors with a focus on Fixed Income and Equity ...
Asset Allocation

Asset Allocation

Our current view on the BIG FOUR asset classes ...


Daily Overview

Market Commentary

Stay short US treasuries 10yr in particular looking for a break of 2.63% en-route 2.8% and 3%

Stay short US treasuries 10yr in particular looking for a break of 2.63% en-route 2.8% and 3%

Both the ECB and the Fed revised up their economic growth forecasts at their final 2017 meetings. The stronger pace of growth is automatically making monetary policy more accommodative ...
Forward guidance from ECB for 2018 keenly awaited

Forward guidance from ECB for 2018 keenly awaited

The European Central Bank made the big policy announcements at its last meeting, but the detail of how it plans to scale back asset purchases is still missing ...
AVERTING ANOTHER GOVERNMENT SHUTDOWN

AVERTING ANOTHER GOVERNMENT SHUTDOWN

Funding of the government has been authorized through Dec 8, but not beyond. Without new authorizations, many non-essential government offices will be forced to shut down. There have been 18 temporary government shutdowns under current budget rules. These typically have ...

FX Trade Recommendations

Buy AUDUSD at 0.7460, 0.7725 and 0.80 target and 0.74 stop loss

Buy AUDUSD at 0.7460, 0.7725 and 0.80 target and 0.74 stop loss

Trump’s weekend tweet on ZTE Corp has ignited optimism about the US-China trade dispute. Following the news, Beijing has reciprocated by restarting the regulatory review of Qualcomm’s application to purchase NXP Semiconductors. The next phase of the US-China trade discussions ...
Buy EURUSD at 1.19, 1.2090 and 1.22 target and 1.1815 stop loss

Buy EURUSD at 1.19, 1.2090 and 1.22 target and 1.1815 stop loss

If the unwind of QE thus clears the way for an exchange rate and current account adjustment, the political backdrop could be the catalyst. First, from the European perspective, it may be increasingly preferable for monetary tightening to come primarily ...
COMING SOON...

COMING SOON…

...

Indices Trade Recommendations

Get overweight Europe via Euro STOXX with a minimum move to 3700 with potential for 3900

Get overweight Europe via Euro STOXX with a minimum move to 3700 with potential for 3900

While we do not expect profit growth in 2018 to match last year’s pace, we do think earnings will continue to be the dominant driver of equity returns. Keep in mind that earnings benefited from a pickup in both global ...
COMING SOON

COMING SOON

...
COMING SOON

COMING SOON

...

Commodities Trade Recommendations

Expect Gold to cap in the 1350/1360 during 1Q 2018

Expect Gold to cap in the 1350/1360 during 1Q 2018

After a brief breather to begin the year, gold resumed its ascent reaching a high of $1344 and rounding-up a fifth straight weekly advance and the price action was even more surprising given the continuation of the sell-off in global ...
COMING SOON

COMING SOON

...
COMING SOON

COMING SOON

...

Equity Trade Recommendations

Buy recommendation for Facebook Inc. -A-

Buy recommendation for Facebook Inc. -A-

Rationale: Use recent sell-off to initiate position in leading global social media company with an attractive total return potential ...
Sell Recommendation For United States Steel Corp

Sell Recommendation For United States Steel Corp

Rationale: Notwithstanding the increase in TAC Price Target, we are taking profits on the no. 5 global steel producer and leading US steel producer post Trump's announcement of tariffs (25%) based on the 242 decision ...
Sell Recommendation for Booking Holdings Inc

Sell Recommendation for Booking Holdings Inc

Rationale: Taking partial profits as company has exceeded our initial price targets on better than expected results ...
Buy Recommendation for Royal Dutch Shell Plc -A-

Buy Recommendation for Royal Dutch Shell Plc -A-

Rationale: Hold position in no. 5 global steel producer and leading US steel producer for additional upside potential ...
Buy recommendation for Capital One Financial Corp

Buy recommendation for Capital One Financial Corp

Rational: Holding position in value play in a leading issuer of Visa/MasterCard credit cards at an attractive valuation offering 15-20% plus total return potential ...
Buy Recommendation for Eli Lilly and Co

Buy Recommendation for Eli Lilly and Co

Eli Lilly and Company discovers, develops, manufactures, and sells company focused on improving patients' lives by identifying, developing and commercializing innovative products that address unmet medical needs. The Company has a diverse portfolio of products in the areas of narcolepsy, ...

MSM NEWS & ANNOUNCEMENTS

MSM Golf Event

We had a successful golf event with champagne and dinner on the 2nd of September at Masion Blanche Golf club ... Read More →

MSM Welcomes David Lowe

Dear All, MSM Investment Advisors SA and NeuroAssets Sarl represented by David A. Lowe, a Swiss based scientist with extensive ... Read More →

MSM Welcomes Catherine de Gaza

Dear All, I am delighted to announce and welcome Catherine De Gaza as Relationship Officer at MSM Investment Advisors SA ... Read More →