Eugene Barbaneagra on CNBC Squawk Box Europe

“The idea is to determine life goals and maximise the probability of achieving those goals.” 

Eugene Barbaneagra, Portfolio Manager, joins hosts Steve Sedgwick and Julianna Tatelbaum, and guest host Doug Peterson, CEO of S&P Global, in-studio to discuss the European markets. He shares insight on goals-based investing, our value investment approach and long-term outlook. 

Glossary

IPO: An initial public offering (IPO) refers to the process of offering shares of a private corporation to the public in a new stock issuance.

Quantitative: Quantitative analysis is based on computer-driven models.

P/E: Price to earnings ratio is the ratio of a company's share price to its earnings over the past 12 months, which can be is used to help determine whether a stock is undervalued or overvalued.

Price-to-book: The price-to-book ratio compares a company's market value to its book value. The market value of a company is its share price multiplied by the number of outstanding shares. The book value is the net assets of a company.

Long/short: A long position is positioning to gain from future strength of a particular security or currency. A short position is positioning to gain from future weakness of a particular security or currency.

Long duration: Long duration bonds are more price-sensitive to changes in interest rates.

Dovish: Dovish refers to the views of a policy advisor (for example at the Bank of England) who has a positive view of inflation and its economic impact and thus tends to favour lower interest rates.

Tech Bubble: Tech bubble refers to a pronounced and unsustainable market rise attributed to increased speculation in technology stocks.

Reversion to the Mean: Mean reversion refers to the theory that prices and returns eventually move back towards their historical average.

Recession: A recession is a macroeceonomic term that refers to a significant decline in general economic activity in a region, country, or the entire world that goes on for more than a few months.

This video is issued and approved by SEI Investments (Europe) Limited (“SIEL”) 1st Floor Alphabeta, 14-18 Finsbury Square, London EC2A 1BR, United Kingdom. SIEL is authorised and regulated by the Financial Conduct Authority.

While considerable care has been taken to ensure the information contained within this document is accurate and up-to-date, no warranty is given as to the accuracy or completeness of any information and no liability is accepted for any errors or omissions in such information or any action taken on the basis of this information.

Past performance is not a reliable indicator of future results. Investments in SEI Funds are generally medium to long term investments. The value of an investment and any income from it can go down as well as up. Fluctuations or movements in exchange rates may cause the value of underlying international investments to go up or down. Investors may not get back the original amount invested. SEI Funds may use derivative instruments which may be used for hedging purposes and/or investment purposes.

The views and opinions from Eugene Barbaneagra, Portfolio Manager at SIEL are subject to change and should not be construed as investment advice. This video does not constitute legal, tax or investment advice, or an offer to sell, buy or recommendation for securities. For further details please contact your Distributor. We recommend you discuss any investment decisions with a financial adviser, particularly if you are unsure whether an investment is suitable.

Statements regarding ability to take short positions are in regards to portfolios managed by Mr. Barbaneagra.