Global Equity Strategy: Barclays Equity Factor Insights: June 2026

研报英文原文证据摘录

Global Equity Strategy: Barclays Equity Factor Insights: June 2026

Equity Research

Equity Strategy

8 June 2026

Global Equity Strategy

Barclays Equity Factor Insights: SIGNATURE

June 2026

In the US, rates surge boosts Large-over-Small. We turn

U.S. Equity Strategy

Neutral on Momo as crowding exposes it to rate-induced risk- Venu Krishna, CFA

off. We maintain all other views. In EU, we stay Positive Value, +1 212 526 7328 venu.krishna@barclays.com

Negative low Vol. Momo holds high but losing steam, higher BCI, US

rates underpin Value case, Quality bounce lacks conviction Riddhiman Dass

+1 212 526 0850

riddhiman.dass@barclays.com

BCI, US

Rex Feng

+ 1 212 526 6114 THE 2026 EXTEL SURVEY IS NOW OPEN

rex.feng@barclays.com

Support our industry-leading analysts with 5-Star BCI, US

Tianqi Feng

+1 212 526 9179 votes in this year’s Extel All-America Research

tianqi.feng@barclays.com

Survey BCI, US

European Equity Strategy

Vote Now View Analysts Emmanuel Cau, CFA

+44 (0)20 3134 0475

emmanuel.cau@barclays.com

Barclays, UK

The methodology behind US & EU factor basket construction can be viewed in Global Equity Emmanuel Makonga

Strategy - Updating Barclays Equity Factor Baskets for Liquidity Weighting, 2 Apr 2025. +44 (0)20 7773 2593

emmanuel.makonga@barclays.com

In the US, we remain Positive on Growth and Neutral on Value, supported by powerful Barclays, UK

Tech-led earnings momentum, supportive valuations, and sustained upside from AI capex and

Magesh Kumar Chandrasekaran, CFAhyperscaler spending, while Value faces headwinds from weakening consumption, a savings

+44 (0)20 3134 5983

rate at 2.6%, and softer growth, leaving it primarily an anti-AI hedge. In the EU, the stance is magesh.kumarchandrasekaran@barclays.com