Duff & Phelps’ International Equity team discusses its thoughts on recent developments related to the Trump Administration’s trade policy in the attached PDF.
Master Limited Partnerships (MLPs) and stocks of midstream energy companies fell sharply intra-day on March 15, 2018. The downward move was caused by the Federal Energy Regulatory Commission – also known as “FERC” - announcing that it would no longer allow MLPs to include a corporate income tax allowance in the contractual rates charged to certain customers. The Duff & Phelps MLP/Energy team provides their insight on this development in the attached PDF.
Italy held its general election on March 4, 2018 following the dissolution of the country’s parliament several months earlier. No political party garnered an outright majority in the election, which resulted in a hung parliament. Duff & Phelps’ International Equity Portfolio team discuss the political and investment implications in the attached PDF.
Chicago, March 13, 2018 – The Board of Directors of DNP Select Income Fund Inc. (NYSE: DNP), Duff & Phelps Global Utility Income Fund Inc. (NYSE: DPG), Duff & Phelps Utility and Corporate Bond Trust Inc. (NYSE: DUC) and DTF Tax-Free Income Inc. (NYSE: DTF), four closed-end funds advised by Duff & Phelps Investment Management Co., today authorized the payment of dividends on each fund’s common stock.
The MSCI EAFE Index posted a sustained rally throughout 2017.
MLPs picked up in the fourth quarter right where they left off in the third quarter.
Global equity markets continued to rally in the fourth quarter of 2017...
Global real estate equities finished the year on a positive note...
International real estate equities finished the year on a positive note...
Both the broader equity markets and REITs posted positive returns in the fourth quarter.
Duff & Phelps Investment Management Co., an affiliated manager of Virtus Investment Partners, Inc. (NASDAQ: VRTS), celebrated the 30th anniversary of the Duff & Phelps Select Income Fund (NYSE: DNP) by ringing The Opening Bell at the New York Stock Exchange on Monday, May 8.
Over the past several quarters, we have been positioning our international equity strategy in a more cyclical direction, recognizing that a broad-based global economic expansion was taking hold. Financials has been a particular area of focus, specifically the European banking sector, based on a range of catalysts.
The Duff & Phelps International Equity ADR strategy has been honored with a PSN Top Guns Manager of the Decade Award for the ten years ended December 31, 2016. This is the second year in a row the strategy has received this accolade.