Global markets appear to be in a ‘Goldilocks’ phase – not too hot, not too cold – with sentiment surprisingly upbeat despite a backdrop of tighter valuations, geopolitical friction, and unresolved fis
Our macro view hasn’t changed since the start of the year, but our strategy has evolved in response to recent market dynamics. We continue to believe that inflation will remain elevated, and that grow
Finding conviction in complexity. Our portfolio managers share their perspectives on the key themes, risks and opportunities shaping markets today.
Building trust in a digitally vulnerable world.
With US equity valuations stretched and growth expectations converging, Europe now offers investors a rare combination of value, breadth, and policy-driven momentum. Small-cap and sector-diverse oppor
The rhetoric may sound familiar, but this latest tariff chapter comes with a twist — the real negotiations aren’t between the US and its trading partners, but between the White House and US bond marke
With small-cap valuations poised for recovery and a reinvigorated primary market, convertible bonds offer a compelling blend of equity upside and fixed income resilience in today's evolving landscape.
Going off the beaten track to discover under-the-radar German engineering excellence.
With uncertainty surging and recession risks rising, fixed income markets brace for volatility and policy ambiguity.
Seven reasons to consider US convertible bonds in 2025.
High yield bonds ended 2024 on…a bit of a high. And it doesn’t seem set to end anytime soon. With economic fundamentals showing slow-but-steady improvement, led by a surprisingly resilient US economy,
The US market led last year’s resurgence in agritech investment and momentum looks on track for more of the same in 2025. As agriculture shifts from a peripheral consideration to the central lens of c
Not necessarily, as what’s good for equities also tends to be good for high yield. As we wait for clarity on Republican policy, what’s important is that we consider the US and Europe as separate bond
While central banks are all cutting, rate trajectories for the US, Europe and the UK seem contrary to underlying economic conditions. Correlations are high between Treasuries and European government b
After several years of price decline, we see EM equities as poised for a resurgence. Already one of the best-performing asset classes of 2024, we see further upside from here. This is based on a clear
