Learn about the most recent investment opportunities in natural resources from portfolio managers MacKenzie Davis and Ken Settles. They share their outlook for natural resource equity returns given the current market environment and insights from the investment team's recent research trips around the globe.
Learn the current state of natural resource equities, specifically focusing on the three sources of potential returns. And, Portfolio Managers MacKenzie Davis and Ken Settles share their latest insights from the investment team's recent research trips around the globe.
In this paper, co-authors MacKenzie Davis and Ken Settles compare the diversification benefits provided by commodities futures and natural resource equity strategies by disaggregating total returns into individual sources and then comparing these unique factors with the broader equity market over varying measurement periods. By extending the measurement period to reflect more realistic holding periods, it is illustrated that natural resource equity strategies can provide diversification benefits that are similar to those offered by commodities futures strategies with the potential for superior returns.
Advantages of a high-conviction, low-turnover approach cited in this paper include:
This research piece introduces and explains the features of bank loans while exploring their recent history and identifying the sources of short-term volatility. We believe this will provide investors with background on this asset class and the information needed to determine how bank loans can potentially fit into a diversified investment portfolio.
The Research Paper reviews:
Authored by MacKenzie Davis and Ken Settles, co-portfolio managers of RS Global Natural Resources Fund, RS Global Natural Resources Long/Short Equity Strategy, and related institutional composites, this White Paper discusses the value in resource-related stocks and their role over the next decade. This paper will address the following questions: