From disruptions in energy logistics to ripple effects on technology and capital markets, markets may be underestimating the broader implications of the Iran conflict, says Portfolio Manager Brian Kersmanc on Bloomberg’s Insight. Watch Mr. Kersmanc discuss how GQG thinks investors can navigate late-cycle risks, capitalize on value in overlooked sectors, and find potential resilience in markets like India.
DEFINITIONS
Earnings Per Share (EPS) divides a company’s net income by its outstanding shares.
Free Cash Flow (FCF) is the cash a company generates after covering its operating expenses and capital expenditures. It represents the discretionary cash a business can use to repay debt, pay dividends, fund buybacks, or invest in new growth opportunities.
Book value is the total net worth of a company based on its financial records, calculated as total assets minus total liabilities. It represents the theoretical value shareholders would receive if a company liquidated all assets and paid all debts.
An Initial Public Offering (IPO) is the process where a private company first sells shares to the public on a stock exchange. It allows companies to raise capital for growth, pay down debt, or provide an exit for early investors.
The S&P 500 (Standard & Poor’s 500) is a stock market index that tracks the performance of approximately 500 of the largest publicly traded companies in the United States. As a market-capitalization-weighted index, it represents roughly 80% of the total U.S. market value and is considered a primary benchmark for U.S. stock performance. You cannot invest directly in indices, which do not take into account trading commissions and costs.
Views and opinions are expressed as of 29 April 2026.
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