To answer these questions, we surveyed 900 individuals across 14 emerging markets... Two-thirds of our respondents access social media at least daily; very few emerging market adults are not plugged into their social media accounts. Indonesia: Ride-h...

The Low Volatility factor has generated stellar abnormal returns over the last decades. Current factor valuations are expensive compared to historical valuations. Factor volatility is at record lows and will likely surprise investors going forward.

ALROSA (ALRS.RX, O/W, RUB 159.1/share) reported its 3Q21 operational update. Retail sales at Hong Kong-based jeweler Chow Tai Fook rose 56% y/y in the second fiscal quarter as consumer demand was strong. We reiterate our positive view on the stock. D...

X5 (FIVE LI / FIVE RX: O/W; TP $40.4/RUB3,031) reported its 3Q21 trading update. The sustainability of the sales growth at 10%+ is supportive for the stock (the current Bloomberg consensus anticipates 10.1% y/y revenue growth in 2021 and our estimate...

YTD, more than EUR 20.2bn in bonds have been issued in the European real estate segment; hence, the issuance volume has more than doubled from full-year 2020, outperforming issuance growth in other segments of the market. The top-5 issuers of sustain...

Light vehicle sales trends and outlookSpecial topics: chip shortage, inventories and cost inflation. Impact of emission targets, EV roll-out and ESG. Credit metrics and rating momentum. Valuation and most interesting stories in our coverage universe.