WrapManager's Wealth Management Blog
When life changes, we can help you thoughtfully respond.

Dorsey Wright Releases Manager Insights for Q2 2018 Review

Posted by WrapManager's Investment Policy Committee

August 9, 2018

U.S. equities continued to rise during the second quarter. Both large cap stocks (S&P 500) and small cap stocks (Russell 2000) finished the quarter in positive territory. The same can’t be said for International stocks though. There have been quite a few head winds for international equities, and that caused both developed and emerging markets stocks to perform poorly this quarter.

Heading in to the start of the year, the U.S. Dollar was in an established downtrend and that was really helping push international equity prices higher. That changed in late April, and the U.S. Dollar spent May and June in a strong rally that really had a negative impact on foreign equities. Both developed markets (EAFE) and emerging markets finished down for the quarter. We are also seeing a big rotation our of Latin America, which is one of the areas that was such a strong performer last year. While this is unfolding you should expect the character of our international holdings to change and be reallocated in areas that are holding up better. A declining U.S. Dollar isn’t a prerequisite for international stocks to do well, but when there is a sharp reversal like we saw this quarter it takes everyone time to adapt to the changes.

[+] Read More

Dorsey, Wright & Associates Money Manager Commentary

In Their Own Words: Dorsey Wright Explains Selective International Investing Through Their Systematic Relative Strength Strategy

March 13, 2018
Although the US is arguably the largest and most diverse economy in the world, international diversification, where appropriate, might be ... [+] Read More

Presenting WrapManager's Q4 2017 Top International Equity Money Manager Picks Report

November 30, 2017
While the United States represents the largest single contributor to global GDP, 75% of the world’s GDP is taking place across our borders ... [+] Read More

Dorsey Wright Evaluates Low Volatility, Global Investments

October 19, 2017
The lack of volatility is puzzling considering current events... This year, one of the big market stories has been the lack of volatility. ... [+] Read More

Announcing: WrapManager's Q3 2017 Top Equity Money Manager Picks

July 26, 2017
There are thousands of money manager strategies out there, but not every money manager is a good fit for every investor. If you’re trying ... [+] Read More