Muted, positive returns for fixed income in an eventful quarter
De-escalation of the conflict in Iran and the Federal Reserve (Fed) leadership change grabbed the headlines in Q2. Oil prices fell sharply as the US and Iran signed a Memorandum of Understanding (MoU), extending the at-times shaky cease fire and agreeing to 60 days of negotiations. This credible off-ramp from the conflict allowed Brent and […]
Equitorial: What does risk look like today?
Global Equities
From rally to reality: credit markets enter a new phase
360°
Five questions, five answers
Sustainable Global Equity
Five Questions: Global Short Duration Credit
1. What’s the Strategy’s focus? The Global Short Duration Bond Strategy invests in a diversified portfolio of debt securities, offering broad exposure across geographies, sectors, and asset classes. It has a global mandate, including allocation to emerging markets, with a primary focus on corporate bonds. It also maintains a meaningful allocation to asset-backed securities (ABS), […]
The old EM playbook is out of date
Many investors still view emerging markets (EMs) as highly cyclical economies that depend heavily on global trade, commodities, and demand from developed-market consumers. These markets are often perceived as especially vulnerable to political and geopolitical instability, a strong US dollar, and capital outflows during periods of market stress. The past few years have challenged many […]
Tech IPOs play leapfrog
The IPO market is ultimately the byproduct of real-time creative destruction driven by technological innovation. In IPOs, we see the advent to the public marketplace of ideas that have been developing — often for decades — before becoming commercially viable. This year presents us with a notable example of the phenomenon with over 70 IPOs […]
Sustainable Global Equity, engagement commentary Q2 2026
Lonza Group
For IPOs, a three-legged stool worth touting
What defines today’s IPO market, and what can investors expect for the remainder of 2026? 2026 is set up to be a record-breaking year for three reasons. One, resilience. Two, timing. And three, the pipeline. The pipeline is enormous this year. But in order to get to 2026, we have to see how we got […]
Can Asia’s AI frontrunners stay the course?
Fast reading Companies in the AI space have performed well – but this has driven market concentration. China remains relatively undervalued, creating a more balanced risk‑reward profile. In India, valuations remain elevated. With expectations still high and external risks becoming more visible, the balance of outcomes appears less favourable than elsewhere in the region. South […]
