Global bond yields have continued to rise. The US ten-year yield is now around 5.3%, a level last seen in 2002, and UK 30-year gilt yields have touched 6%....
October 2026: Portfolio Perspectives
September 2026: Portfolio Perspectives
Global bond yields have risen for six months. Why matters more than by how much. A changed cyclical picture, with inflation firmer and growth better than expected, points to...
August 2026: Portfolio Perspectives
For more than a decade, US equities led global markets. Since the end of 2024 they have not. They have returned around 30% in dollar terms, against more than...
July 2026: Portfolio Perspectives
At the start of 2026, the consensus expected a benign year: central banks easing, inflation drifting back towards target, and the main debate the pace of rate cuts rather...
June 2026: Portfolio Perspectives
In this month's Portfolio Perspectives, we examine three themes shaping client portfolios: the evolving investment case for Chinese equities, the implications of rising Middle East tensions for energy and...
May 2026: Portfolio Perspectives
In this month's Portfolio Perspectives, we look at the oil price shock that has followed the war between the United States, Israel and Iran, and the closure of the...