Jeremy Schwartz, EVP, Global Head of Research at WisdomTree Asset Management discusses WisdomTree’s 2021 market outlook and what key factors advisors should consider when making allocation decisions.
Headed into the final weeks of 2020, COVID cases continue to soar in the U.S. and abroad, while on the flip side the recently FDA approved Pfizer vaccine is all steam ahead. Despite the conclusion of the general presidential election in November, the looming Georgia senate run-off races in January will determine senate majority, and has major implications on tax and policy upon the inauguration of President Elect Joe Biden. Other loose ends include pending fiscal stimulus negotiations and an incomplete Chinese trade deal.
In the midst of continued uncertainty and historically low yields Schwartz emphasizes key investment themes such as: quality with a tilt towards yield, value rotation, new world growth, and interest rate hedging.
The WisdomTree Quality Growth Fund (DGRW), for example, is designed to provide exposure to dividend paying large cap companies that demonstrate both quality and growth characteristics. DGRW aims to deliver higher quality stocks at a discounted valuation as well as generate income growth and outperformance. Schwartz also defines the “New World Growth” opportunities in cloud computing, platform-based companies and non-state owned companies in emerging markets.
WLCD, WisdomTree’s cloud computing ETF, launched last September and is up more than 90% YTD. To learn more, register WisdomTree’s webcast: 2021 Economic & Market Outlook. Topics Include:
- Will ‘re-opening’ stocks and cyclicals receive a booster shot?
- Which stay-at-home stocks represent longer-term trends worth sticking with, even after the economy re-opens?
- Where are the best opportunities across global markets?
- How is WisdomTree tilting its Model Portfolios?
Jeremy Schwartz has served as WisdomTree’s Executive Vice President, Global Head of Research since November 2018 and leads the investment strategy team in the construction of WisdomTree’s equity indexes, quantitative active strategies and multi-asset model portfolios. Mr. Schwartz joined WisdomTree in May 2005 as a Senior Analyst, adding to his responsibilities in February 2007 as Deputy Director of Research and thereafter, from October 2008 to October 2018, as Director of Research. Prior to joining WisdomTree, he was head research assistant for Professor Jeremy Siegel and helped with the research and writing of Stocks for the Long Run and The Future for Investors.
Mr. Schwartz also is co-author of the Financial Analysts Journal paper, What Happened to the Original Stocks in the S&P 500? He received his B.S. in Economics from The Wharton School of the University of Pennsylvania and hosts the Wharton Business Radio program Behind the Markets on SiriusXM 132. Mr. Schwartz is also a member of the CFA Society of Philadelphia.