Australia: State Street Global Advisors

Touching down in Australia after a lengthy gap (over 20 years) since my last visit was wonderful.  As the plane was taxing to the gate, I was like a kid on Christmas morning… just chomping at the bit to get out and enjoy the treasures that awaited.  I lived throughout Queensland, Australia (Brisbane, Gold Coast, Atherton, Cairns, etc.) for two years in the early 90s...

Australia: Introduction

My friend and business partner, John Lunt, has just returned from an outstanding trek around the world.  As we’ve discussed his experience, it is clear the objectives of our Investment Trek have been met and exceeded our expectations thus far.  John has gained incredibly valuable insights about cultures, economies, and the investment climate in...

Investment Trek Mid-Point

Lunt Capital’s Investment Trek has been a most remarkable learning experience.  It has far exceeded my expectations in providing a global, long-term perspective, in delivering timely analysis, and in adding to our extensive global network.  It will have a lasting impact on the way that we invest.  A good analogy would be the extensive process used to hire a new employee...

Brazil: Farewell

Rio de Janeiro is one of the most visually stunning cities that I have ever visited.  The natural beauty of the mountains, rain forest, and beaches surrounds one the world’s largest cities.  Brazilians are proud of their country—Brazil hosted the soccer’s World Cup in 2014, and it will host the summer Olympic Games in 2016.  There is so much to be enthusiastic about...

Brazil: Money Managers

I had the opportunity to meet with top Brazilian money managers while in Rio, and I came away impressed with their knowledge, expertise, and sophistication.  For compliance and competitive purposes, they asked that I keep our meetings “off the record.”  I was welcome to share insights from our discussions as long as the individuals and firms where not named...

Brazil: JGP Group

It is a challenging environment to manage money in Brazil given the political and economic turmoil.  However, firms with strong history and management continue to find opportunities.  One of these firms is JGP, a Rio-based asset management firm.  I had the opportunity to meet with James Eckrich at their beautiful offices in Rio.  While the firm was founded in 1998...

Germany: Farewell

Europe is filled with interesting history that provides a frame of reference to understand current economics and financial markets.  Germany is no exception.  While the Prussian/German people have a long history that should be studied, it is really the modern history that is most relevant to economics and financial markets.  It is clear to me from my visit to Germany, that...

Germany: Ministry of Finance

My good fortune continued on Monday as I was able to visit Germany’s Ministry of Finance.  Wolfgang Schäuble, Germany’s Finance Minister, has taken the public lead in negotiations with Greece.  It was very fortunate to visit the ministry on the day following the Greek referendum. I had a meeting with Torsten Arnswald, Economic Advisor and Head of the Fiscal Policy Division...

Germany: Bundesbank

Germany’s Bundesbank (the country’s central bank—equivalent of the Federal Reserve) is one of the most respected financial institutions in the world.  The Bundesbank is renowned for its success and its resolve in fighting inflation.  Much of this success stems from its true independence, and this turned the German Deutschmark into one of the world’s strongest currencies...

Germany: Invesco PowerShares

Germany has a strong, developed economy with mature financial markets.  This is clearly a prime opportunity for the growing ETF market.  I had the opportunity to meet with Michael Huber, the Business Development Director for PowerShares Germany and Austria.  Michael is based in Munich, but he has a great view of business across Germany and Austira...

Turkey: Farewell

I came to Istanbul with high expectations.  My business partner and Lunt Capital COO, Ryan Hessenthaler (you will be hearing a lot more from Ryan has he picks up the investment trek in mid-July!) told me it was one of the great global cities.  Ryan is well traveled, so this comment set the bar high.  My expectations were all met!  Istanbul is an incredible city.  It truly feels like...

Turkey: Industry Leaders

I have been fortunate to meet key people in Istanbul across a variety of industries, including financial markets, venture capital, academia, banking, healthcare, construction, and materials.  I owe a special thanks to Ali Koc, for sharing his valuable insights, and for facilitating a variety of interesting introductions. Our lunch discussion included a "who's who" in modern Turkey...

Turkey: Turkish Economy Bank

The old city of Istanbul is a fascinating place.  It is easy to be transfixed with the narrow, cobblestone streets.  The majestic Hagia Sophia and the iconic Blue Mosque are breathtaking.  The city’s history is ancient, and I have loved learning more about its interesting history.  Istanbul is a remarkable combination of ancient and modern. Ali Koc, managing director of Kocunix...

Turkey: Borsa Istanbul

Borsa Istanbul (Turkey’s equity, derivatives, and precious metals exchange) sits on a large, beautiful campus in the Northern part of Istanbul.  My dad, Larry Lunt, and I had the opportunity to visit with Onur Sar at the exchange.  (You can find Onur’s presentation below).  Turkey is the world’s 17th largest economy, and it has more than 76 million people. Turkey boasts a...

Israel: Farewell

Whether or not you invest directly in Israel, it seems likely that your investment portfolio will be impacted in future by events that happen in Israel.  I have visited many countries and cities, but I have never visited a place quite like Israel.  Tel Aviv and the old city of Jerusalem seem like completely different countries, but both were compelling.  Israel has the most unique...