Welcome to Global Investment Opportunities

Global Investment Opportunities provides concise investment analysis and concrete investment ideas that we expect to create returns over a tactical (usually 3-6 month) time horizon. Longer-term views (1-year and over) are covered in LSR's Asset Allocation monthly publications.

Our strategists cover equities (countries, sectors and style), bond and money markets (directional views plus yield curves, regional spreads and credit spreads), foreign exchange and commodities.

In all cases, we adopt a top-down approach, using LSR's traditional focus on monetary aggregates, leading indicators, output gaps and sector balances as key inputs in the investment framework. The latest trends in these factors, and where our economists differ from the consensus, are found in "Macro drivers". Valuation measures and shorter-term indicators (for example, on investor sentiment/positioning) are combined with the cyclical "triggers" to produce concrete investment ideas based on our highest-conviction views.

Our multi-asset approach within a consistent framework allows us to "read across" messages from one asset class to another. We track all our recommendations, publishing entry and exit dates and levels. Of the first 250 recommendations more than two-thirds have been profitable.

We occasionally publish Special Reports on sectors. You can download the latest (July 2009) on the pharmaceutical industry here.