A more fragmented and regional world challenges previous global investment paradigms – and increases the need for active and forward-looking capital allocation.
Equity markets globally reacted abruptly on Monday, 27 January, due to the introduction of the DeepSeek language model.
Avoiding the worst days is appealing – however, catching the good days in the stock market is crucial, and they often tend to follow close behind the worst days.
2024 is the biggest election year the world has ever experienced, with about half of the world population voting. Why is this important to longer-term investors?
Although we think it is too early to call off the risk of recession and predict a clear sky outlook, the current trends look surprisingly strong.
We believe that 2024 will be another year with significant divergences in global stock markets driven by a more accommodative monetary policy and a challenging economic environment.
There are good reasons for excitement, but a grain of realism is needed not expecting AI to solve all world problems. We are following the AI revolution which will probably be more of an evolutionary process.
Equity investing is not just about managing risk but also understanding the dynamics of opportunity. Twelve months ago, an extreme peak in the monetary cycle coincided with a peak in asset markets.
Central banks have since the financial crisis in 2008, through low interest rates and liquidity, aggressively used the financial levers of the economy to pull the real economy forward. Now the central banks need to make a U-turn.
As we try to assess the longer-term implications of Russia’s vicious attack on Ukraine some conclusions come quickly and are hard to dispute. These are the known knowns.
