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☆ Portfolio manager explains why he is underweight U.S. mega-cap tech stocks
▼ + stars: | 2024-04-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio manager explains why he is underweight U.S. mega-cap tech stocksBrian Arcese of Foord Asset Management thinks the market is "ahead of itself" and explains why he isn't planning to increase exposure to U.S. mega-cap technology names.

Persons: Brian Arcese Organizations: Foord, Management

☆ Is it time for investors to hedge for a market decline? The pros share their views and strategies
▼ + stars: | 2024-03-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +5 min

Last week, Goldman Sachs told clients they should start hedging for a market decline . Here's how Goldman suggests investors worried about a declining market can hedge their positions. Others also believe that it's time to start hedging — or at least take a more conservative stance. 'Shift into more value names' Top hedge fund manager David Neuhauser says it would depend on where investors are positioned right now. But he isn't a fan of hedging strategies like options, saying "over time you just end up with lower returns."

Persons: Goldman Sachs, Goldman, David Neuhauser, that's, Russell, Neuhauser, Brian Arcese, he's, Arcese, It's, Freddie Lait, Lait Organizations: Dow Jones Industrial, Nasdaq, CNBC Pro, Livermore Partners, London, Nvidia, Foord Asset Management, CNBC, Latitude Investment Locations: Europe, U.S

☆ Forget Tesla. Portfolio manager names another way — and stock — to play the EV market
▼ + stars: | 2023-11-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

Tesla is a hot favorite when it comes to investing in the electric vehicle market. Brian Arcese, portfolio manager at investment firm Foord Asset Management, said he has a "far less convicted view" in Tesla retaining its dominance than in his preferred investing route in the EV market. He told CNBC Pro Talks last week that he's taken two "slightly untraditional" approaches to investing in that space. He names one U.S. stock, Edison International , as one such U.S. regulated utility company to play the EV trend. But he says that within that space, he's focused on companies that are the lowest-cost producers.

Persons: Tesla, Brian Arcese, he's, Arcese, you've, CNBC's Tanvir Gill, — James Sullivan, Jenny Zeng, Sullivan, there's Organizations: Foord Asset Management, CNBC, Edison International, JPMorgan, Allianz Global Investors Locations: Tesla, Asia, INSEAD, Singapore, China, Korea, U.S

☆ Fund manager reveals one global energy stock to buy right now
▼ + stars: | 2023-11-27 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Total Energies is one energy stock investors should own right now, according to Brian Arcese, portfolio manager at investment firm Foord Asset Management. Total shares are trading at a significant discount compared to shares of Exxon Mobil, Chevron Shell, and BP on a forward price-to-earnings ratio basis at 6.8x, according to FactSet data. While Total is not among the 10 largest investments in Arcese's fund, Foord Asset Management is an investor in the stock. Arcese told CNBC Pro Talks that around 15-20% of Foord's equity portfolio is allocated to commodity and energy stocks. Scotiabank analysts have a hold-equivalent rating on the U.S.-listed stock with a price target of $68, where the stock is currently trading.

Persons: Brian Arcese, Arcese, it's, We've, Morgan Stanley, Paul Cheng, TotalEnergies Organizations: Foord Asset Management, Fund, Exxon Mobil, Chevron Shell, BP, New, Foord, Management, CNBC, Singapore . Commodities, Equity, UBS, Scotiabank, RBC Capital Markets, RBC Locations: New York, Paris, Singapore, U.S, Foord

☆ Portfolio manager explains why he has the ‘most conviction’ in this China tech stock
▼ + stars: | 2023-11-27 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +2 min

One tech giant, however, stands out to portfolio manager Brian Arcese: e-commerce player JD.com . JD.com "is on a 10% free cash flow yield [and is] continuing to grow earnings," Arcese, a portfolio manager at Foord Asset Management, told CNBC Pro Talks on Nov. 21. Around 10% of Foord Asset Management's multi-asset portfolio is currently invested in China. Additionally, some 25% of its global equity portfolio is invested in China for 2024, which Arcese notes is "massive relative to the benchmark" — which only has a 2.5% exposure to China. Meanwhile, 47 analysts have coverage of the JD.com Nasdaq-listed stock, according to FactSet.

Persons: Brian Arcese, Arcese Organizations: Baidu, JD.com, Foord Asset Management, CNBC, Nasdaq, JD, HK, Hong Kong Locations: Singapore, China, U.S, JD.com, Hong Kong

☆ CNBC Pro Talks goes on the road to find out how to invest for 2024
▼ + stars: | 2023-11-21 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

For the first time, CNBC Pro Talks is heading to a business school. Arcese is a portfolio manager on the Foord Global Equity fund and Foord SICAV - Foord International Fund, and has 20 years of experience in both developed and emerging markets, as well as long-only and long/short products. Sullivan joined JPMorgan in 2010 and has held hedge fund management and research roles in Asia since 1998. Learn more from our previous Pro Talks: Looking to invest long-term in Nvidia? Here's how to invest, say the prosFor the first time, CNBC Pro Talks is heading to a business school.

Persons: Tanvir Gill, Brian Arcese, James Sullivan, Jenny Zeng, Foord, Sullivan, Zeng, Morgan Stanley's Slimmon Organizations: CNBC, Foord Asset Management, Asia, JPMorgan, Allianz Global Investors, Foord Global Equity, Foord, Fund, Nvidia, Big Tech Locations: Asia, Singapore, Arcese

☆ US tech too expensive, good value in healthcare, utilities stocks
▼ + stars: | 2023-08-08 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailUS tech stocks too expensive, portfolio manager sees good value in healthcare and utilities stocksBrian Arcese of Foord Asset Management shares his portfolio positioning and explains why he is cautious on big tech and AI

Persons: Arcese Organizations: Foord Asset Management

☆ Oil prices could hit an all-time high in the next 18 months
▼ + stars: | 2023-08-07 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOil prices will remain 'volatile' and could an hit all-time high in the next 18 monthsJosh Young of Bison Interests and Brian Arcese of Foord Asset Management share their outlook for the oil market.

Persons: Josh Young, Brian Arcese Organizations: Bison, Foord, Management

☆ Markets have been looking for a 'thawing' in U.S.-China relations, says JPMorgan
▼ + stars: | 2023-02-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets have been looking for a 'thawing' in U.S.-China relations, says JPMorganJames Sullivan of JPMorgan, Dan Pickering of Pickering Energy Partners, and Brian Arcese of Foord Asset Management discuss U.S. President Joe Biden's State of the Union Address.

☆ Wall Street is excited about Chinese tech — and loves one mega-cap stock in particular
▼ + stars: | 2023-01-24 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

A growing number of positive analyst calls has reinforced optimism in the sector, with recent share price gains reflecting renewed interest. How is Wall Street playing the resurgence in Chinese tech? Morgan Stanley too, has named Alibaba its "top pick" in the Chinese tech sector — for the first time in three years. Cohen is reported to have told Alibaba executives that he thought the company could reach double-digit sales growth and nearly 20% free cashflow growth over the coming five years. He said he would "not be surprised" to see Alibaba's share price rise to $140 to $150 — a "significant amount of upside" from current levels.

☆ It's time to buy this Big Tech stock which is at an 'attractive' entry point now, says portfolio manager
▼ + stars: | 2022-11-28 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

One Big Tech stock is at an "attractive" price point to buy right now, according to Foord Asset Management's Brian Arcese. That's Alphabet , which Arcese, a portfolio manager at the firm, expects to post growth in the "mid-teens" despite cyclical headwinds in the ad business. "At this point we're focused on companies with pricing power, sound management teams … and long-term structural competitive advantages," Arcese added. Arcese explained that Alphabet is in a "competitive position" given the continued shift from offline to online advertising. Josh Brown , co-founder and CEO of Ritholtz Wealth Management, told CNBC in early November that Alphabet is a "screaming buy."

☆ CNBC Stock World Cup: Berkshire Hathaway vs Walmart — who wins?
▼ + stars: | 2022-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Stock World Cup: Berkshire Hathaway vs Walmart — who wins? In CNBC's Stock World Cup challenge, Brian Arcese of Foord Asset Management weighs in on whether Berkshire Hathaway or Walmart is a better bet in giving investors a greater total return in the next year.

☆ China is easing its Covid measures. Here’s how market pros are playing it
▼ + stars: | 2022-11-15 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

China announced a shortening of its quarantine requirements last week, while simplifying travel rules and adjusting its monitoring regime. China has stood firm on its zero-Covid policy even as countries around the world adopt a "live with the virus" approach. Fund manager Brian Arcese believes the market reaction reflects the "underlying fundamentals that earnings will really start to improve." Meanwhile, Arcese, who is a portfolio manager at Foord Asset Management, said the firm has a China exposure of about 20%. It should benefit from the re-opening of China as tourism gradually recovers to pre-Covid levels," he added.

☆ Tech stocks are tumbling but one fund manager still loves Microsoft. Here’s why
▼ + stars: | 2022-10-28 | by ( Zavier Ong | ) www.cnbc.com time to read: +4 min

Tech stocks have tumbled this week, as investor optimism fades following disappointing results from some of the sector's biggest names. Despite the gloomy outlook for the sector, fund manager Brian Arcese is still bullish on selected stocks within the sector — including Microsoft. The portfolio manager at Foord Asset Management co-manages the Foord International Fund and the Foord Global Equity Fund. Read more These 'all-weather' stocks can protect your portfolio in a recession: Outperforming fund manager Stocks and bonds are struggling. The Foord Global Equity fund has fared less well, although did manage to just outperform the market this year, down 23.3% as of the end for September, the fund's latest factsheet showed.

☆ These 'all-weather' stocks can protect your portfolio in a recession, says outperforming fund manager
▼ + stars: | 2022-10-27 | by ( Zavier Ong | ) www.cnbc.com time to read: +5 min

Fund manager Brian Arcese also believes the U.S. is headed for a recession — albeit one that is milder than the devastating global financial crisis of 2008. Investors who want to be "recession proof" should have a balanced portfolio, he added. "A balanced portfolio is one that is practical and designed to be all-weather," said the portfolio manager at Foord Asset Management, who co-manages the Foord International Fund and the Foord Global Equity Fund. He likens his strategy to a barbell approach of growth-oriented names and value stocks, as well as stocks that fall in between the growth and value spectrum. The fund is down 5.8% as at end-September — beating the global stock market, which declined 25.2%, according to the fund's commentary.

☆ Fund manager names 3 recession-proof stocks and reveals how to rescue your portfolio if underwater
▼ + stars: | 2022-10-26 | by ( Ganesh Rao | ) www.cnbc.com time to read: +4 min

Semiconductor and growth stocks have tanked this year, bonds are underwater and even the S & P 500 is in a bear market. Many investors hold on to loss-making positions taking on "emotional pain" in the process, according to the portfolio manager. "The best investors in the world probably are right 60-70% of the time," Arcese told CNBC, speaking from Singapore. Stock picks The fund manager named three stocks that will "will work, kind of, in any type of economic environment" — UnitedHealth Group , Air Products , and Freeport McMoRan . Air Products, an industrial chemicals company, is an inflation hedge and an "incredibly defensive company," according to Arcese.

☆ China is an 'attractive market' with 'inexpensive' stocks after big drops, fund manager says giving 3 picks
▼ + stars: | 2022-10-25 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

"China, in particular, is an attractive market [when stocks are] under 10 times earnings," Arcese said when speaking to CNBC "Pro Talks." The average price target of 291 Hong Kong dollars ($37.1) means analysts expect the stock to rise by 105% over the next 12 months. Alibaba, JD's competitor and one of the largest companies in China, is buy-rated by 45 out of 47 analysts surveyed by FactSet. The median price target at 135 HKD signifies a 119% upside potential. On average, analysts have a 397 HKD price target on the stock equating to a 92% upside.

☆ Oil could rise or fall — and these energy stocks are winners either way, portfolio manager says
▼ + stars: | 2022-10-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Whether oil prices rise or fall, energy stocks are still worth investing in, according to Foord Asset Management's Brian Arcese. Arcese, a portfolio manager at the firm, said he would be quite comfortable increasing the weight of energy stocks in his portfolio. "I think there are a lot of tailwinds for oil prices going forward," he told CNBC Pro Talks on Thursday. "Oil prices are likely to, at a minimum, stay where they are but they could go higher. Stock picks Arcese says he likes Occidental , a "great company [which] is highly geared to oil prices."

☆ Portfolio manager Brian Arcese discusses whether inflation is here to stay
▼ + stars: | 2022-10-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPortfolio manager Brian Arcese discusses whether inflation is here to stayPortfolio manager Brian Arcese of Foord Asset Management weighs in on whether the current inflation cycle is transitory or structural.

☆ Stay invested in chip stocks, says one fund manager — who reveals how he’s trading the sector
▼ + stars: | 2022-10-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

The MSCI Semiconductor Index , a benchmark for chip stocks that's down by 43% this year, reflects the wider market's sentiment toward a potential slowdown in economic growth. In such an environment, some investors have begun to ask whether it might be prudent to dump chip stocks in favor of companies in other outperforming sectors. The portfolio manager revealed that he prefers holding on to Taiwan Semiconductor Manufacturing Company despite a 35% decline in the company's shares this year. The chip sector has historically run in boom and bust cycles. During economic growth, consumer demand for computers, laptops, and phones outstrips semiconductor manufacturing capacity, making the sector very profitable.

☆ CNBC Pro Talks: Portfolio manager Brian Arcese on top stock picks, 'recession proof' stocks and more
▼ + stars: | 2022-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro Talks: Portfolio manager Brian Arcese on top stock picks, 'recession proof' stocks and moreCNBC’s Tanvir Gill quizzed Foord Asset Management’s Brian Arcese on the best investing strategies right now.

☆ CNBC Pro Talks: Portfolio manager Brian Arcese to discuss top stock picks, inflation hedges and more
▼ + stars: | 2022-10-17 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

Portfolio Manager Arcese joined Foord in 2014, and currently manages the Foord Global Equity fund and Foord SICAV - Foord International Fund. Join CNBC for the next installment of Pro Talks on Thursday, October 20 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m. Check out our previous Pro Talks: CNBC Pro Talks: Asset manager Neil Veitch on top picks — and stocks to avoid — as volatility persists Is 'super cheap' Meta a buy or a miss? Portfolio Manager Arcese joined Foord in 2014, and currently manages the Foord Global Equity fund and Foord SICAV - Foord International Fund. Join CNBC for the next installment of Pro Talks on Thursday, October 20 at 6:30 a.m. BST / 1:30 p.m. SGT / 1:30 a.m.

☆ Does FedEx's bleak outlook flash a warning signal for investors? Here's what the pros say
▼ + stars: | 2022-09-21 | by ( Zavier Ong | ) www.cnbc.com time to read: +5 min

FedEx 's bleak preliminary earnings and outlook sent shockwaves through the market and stocks lower during last Friday's trade. And the World Trade Organization similarly painted a grim picture, with an August report pointing to "stagnating global trade growth." It's one of those tea leaves you can take when you look at the global economy. Investors are not entirely sure which way the global economy, inflation and growth are going. "Investors are not entirely sure which way the global economy, inflation and growth are going.

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