On Balance
In the Spring of 2022 European Banks started to generate Accelerator long signals, slowly but surely, one by one until the sector itself lit up in a green tinge from April – June and here we are today coming out of a positive earnings season, seeing the sector re-rating.
So, when asked the question ‘Why did you own BP?’ you point at the image of the Apollo Investment Cycle. Answering the more difficult question, ‘Why did you not own BP during the last 2 years ?’ That’s more awkward.
At Libra we think differently and deliver the best user experience for Active equity investors applying the years of experience and understanding that we have in equity markets. We not only know what information is going to make a difference to client performance but provide the best experience.
It’s the big calls that make the big difference to both Equity and Cross Asset investors and we’ve been doing this successfully for years.
The latest signal / indicator to be added the Apollo EDGE platform has been the Investment Cycle which we discussed in an earlier comment – the ability to show the transition from Value to Re-rating to Growth and De-rating (the cycle) is proving very informative.
The Federal reserve is now perceived to be of a Dovish disposition while the China Opening Up story is now prevalent. Risk assets are on the rise and Copper is back to $9000 / tonne. Maybe we should be buying commodity stocks and copper related names in particular. Antofagasta anyone?
Having announced the launch of the Apollo Investment Cycle some weeks ago, today we announced the actual launch of our proprietary Investment Cycle that allows an investor to understand and visualise as a stock, sector or market moves from De-rating to Value, to Re-rating, then Growth.
As the news wires (and not only the financial ones) are dominated by Elon Musk, mostly around Twitter, the value of Tesla and by extension Elon’s own fortune, is melting away as the market tries to assess what Tesla is worth and how to value it?
Today we introduce the Apollo Investment Cycle on the EDGE platform. Clients will already be aware that they can Smart Filter their portfolios and watchlists at a stock level using the proprietary investment factor groupings of Value, Re-rating, Growth and De-rating.
As the World Cup ‘kicks off’ the usual mania and anticipation may be lacking but as the tournament gets underway every football fan will be rooting for their team and emotions will run high.