The North Korean and Iranian nuclear threats, the conflict in the Middle East and the impact on China’s neighbors from its growing role in the world stage are geo-political events that will affect global investments, says Reiner Triltsch, head of International Investments at U.S. Trust.
Reiner Triltsch, head of International Investments at U.S. Trust, is bullish on Japan because of a view that quality firms can be found in the world’s second largest economy and because valuations there are attractive.
Triltsch spoke at the Reuters Investment Outlook Summit. His Excelsior International fund owns many Japanese firms among its top holdings, including Sumitomo Trust & Banking and Canon.
There is a 50-50 chance the Fed will raise interest rates towards the end of next year, forecasts Pioneer Investment Management portfolio manager Margaret Patel, voicing what is a something of a contrarian view to the market consensus.
“There is tougher talk on inflation” coming out of the Fed, she said. For the rest of the summit, click here.
Bill Gross, the manager of the world’s largest bond fund, chatted with reporters at the Investment Outlook Summit about everything from the dollar to interest rates to how he shaved his mustache to try to look younger (the picture here is before he put razor to lip). Listen to the entire interview.
Michael Winer, portfolio manager of the Third Avenue Real Estate Fund, says that Hong Kong is where the fund is finding the most opportunities for investment.