Results for “BANK OF AMERICA GLOBAL WEALTH AND INVESTMENT MANAGEMENT”

with new petrochemical plants being proposed in the Gulf and traditional coal users such as

and utility capex (ex‐US) is rebounding after a recession‐driven

National Grid (UK) and Elia (Belgium/Germany) are prime beneficiaries of this transmission

to add high‐beta stocks and shed low‐growth utilities. This was exacerbated by:

it is not unusual to find long and/or sharp periods of utility underperformance (as

when combined with wholesale shorts and market

tech and telecom were the best‐performing sectors

and the portfolio’s net interest rate risk is kept within acceptable limits as we select stocks in the

develop a thesis and then conduct deep‐dive research to gain

and assess what might be priced in by thoroughly

and the implementation of these structural changes are

utility stock prices (and the Street’s estimates)

as the ability to find and generate short alpha would have been difficult given the sector’s

Jos Shaver led UBS’ Asian utility industry group and had the privilege of working with Lord

nothing would bar them from revealing the subpoenas’ existence to the victim - and