2019 city mobility index, future of defined contribution, and China looks abroad for capital

Alister Sneddon, CTO

Here are the top 3 insights for May 14th, prepared by Alister, our CTO.

Today’s Brief

  • Deloitte: The 2019 Deloitte City Mobility Index
  • Robeco: The future of defined contribution
  • Morgan Stanley: Facing Current-Account Deficit, China Looks Abroad for Capital

The 2019 Deloitte City Mobility Index

  • A smart city is a data-driven city, one in which municipal leaders and citizens have an increasingly sophisticated understanding of conditions in the areas they oversee and live in, including the urban transportation system.
  • In the past, regulators used questionnaires and surveys to map user needs.
  • Now, leaders can connect the dots about people, places, and products using a vast array of data from the Internet of Things, artificial intelligence, and other digital technologies.
  • Using this information, they can gain a more accurate picture in a much shorter time frame at a lower cost to more proactively develop informed decisions.

Genuine Scores for the top 3 Road & Rail stocks

  • Go-Ahead Group, 66
  • FirstGroup, 63
  • Globaltrans Investment, 62

The future of defined contribution

  • 2019 is off to an interesting start: increased market volatility, an unpredictable interest rate environment, a shift in the House majority and of course, the longest partial government shutdown in U.S. history have made for a stormy forecast.
  • But we do see some breaks in the clouds.
  • We discuss how some of these factors may affect your role as a fiduciary in building effective retirement plans, including the effect changing interest rates may have on target date funds.
  • We also address some of the emerging trends that may influence plan design, including increased investor interest in responsibility investing, proposed regulation concerning multiple employee plans (MEPs) and the growing need for retirement income options.

Genuine Scores for top 3 Diversified Financial Service stocks

  • Plus500, 75
  • Axa Equitable, 68
  • Standard Life Aberdeen, 67

Facing Current-Account Deficit, China Looks Abroad for Capital

  • A market renowned for surpluses will soon post its first current-account deficit in more than 25 years, opening new opportunities for international bond and equities investors.
  • As China’s growth moderates and the country shifts from being a net saver to a capital importer, a debate has arisen on whether Beijing will open the world’s second-largest economy to more foreign capital.
  • Consensus opinion doesn’t expect China to move in this direction.
  • In this view, China may have cracked open its financial doors a bit wider, but they swing inward in what often amounts to symbolic reform.

Genuine Scores for the top 3 Asia Pacific focused funds

  • LO Funds — Asia Value Bond, 76
  • Fidelity Funds — Asian High Yield, 69
  • First State Asian Quality Bond, 64

Want to get the the Genuine Impact app?
You can download the Genuine Impact app for iOS and Android devices on our website, https://www.genuineimpact.co.uk

All the best,
Alister and the Genuine Impact Team

p.s. all Genuine Scores are accurate as of the 8th of April