2024 Outlook: An Inflection Point for Emerging Markets
Welcome to 2024, the Year of the Dragon in the Chinese Zodiac. In this report, we outline our key expectations and themes across emerging markets in 2024 and how we are positioned.
Why Bother Investing in China?
Ox Capital follows an investment philosophy of acquiring future champion businesses at discounted valuations. Despite facing economic challenges, the Chinese economy is expected to overcome negative factors, such as reduced reliance on the property sector, geopolitical pressure, and ongoing economic reforms. Right now, we see an opportunity to invest and take advantage of these very attractive valuations.
Brazil’s Bountiful Harvest: A Wealth of Promising Opportunities in 2024
The recent reduction in Brazil’s notably high 14% interest rate presents compelling investment opportunities, fuelled by the potential for economic growth through the recovery of essential commodities.
China undertaking “QE”, US rates peaking
The Chinese government’s rapid policy easing, including a reported RMB1 trillion pledged supplemental lending, signifies a renewed commitment to quantitative easing (QE) and bolsters confidence in economic recovery, presenting attractive opportunities for investors with OxCap well-positioned to benefit.
China Property: Has the “Grey Rhino” been tamed?
China’s government actively deflated the property market bubble aiming to stabilise the economy. Recent data indicates signs of market stabilization.
Uncovering Opportunities Amidst Volatility: Ox Capital’s Approach to Asian and Emerging Markets
Ox Capital’s Approach to Asian and Emerging Markets.
The Top Down Risk Management Framework
Discover Ox Capital’s top-down risk management framework. Learn how our quantitative model, MOAT analyses millions of data points to help us identify potential mispricing’s and navigate market trends.
Ausbiz TV Interviews
Dr Joseph Lai shares his market insights in these short video interviews with Ausbiz.
The Case for LATAM
Financial market returns across Latin America (LATAM) have been largely lacklustre for the last decade. However, the world is changing. Covid-19, the war in Ukraine and increasing de-globalisation are inflationary forces in the world. This situation presents an opportunity for LATAM, and the future performance of their markets.
Meet the fund searching for the next Google and Amazon
Dr Joseph Lai shares how the Ox Capital process enables the fund to outperform the benchmark and provides his insights into the regions and themes currently drawing his attention.