Tim Holland, CFA, Senior Vice President, Global Investment Strategist
On this week’s podcast (recorded December 15, 2017), Tim discusses why Brinker Capital has a bias toward US equities relative to developed international equities.
- Our clients are US based; they make their money in US dollars, they save in US dollars and they spend in US dollars.
- Primarily because of the currency dynamic, international stocks are more volatile.
- From an investment and relative attractiveness perspective, we would first say we don’t dislike developed international equities, we simply like US equities more, on both a near term and long-term basis.
- Brinker Capital has been overweight emerging market equites since 2016.
For Tim’s full insights, click here to listen to the audio recording.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Emerging markets generally do not have the level of market efficiency and strict standards in accounting and securities regulation to be on par with developed economies, but emerging markets will typically have a physical financial infrastructure including banks, a stock exchange and a unified currency. Brinker Capital, Inc., a Registered Investment Advisor.