Investors must learn to navigate a less predictable world
There was a time when investors understood that geopolitics and, particularly, the Cold War between the Soviet Union and the West, had a real impact on financial volatility and economies as it played out in a mixture of proxy wars and unusual diplomacy. As a young boy in East Jerusalem in the late sixties, I […]
Spectrum Q3 2023: No robots were harmed in the making of this report
In a 1962 collection of short stories, sci-fi sage Arthur C Clarke postulated his third law, that “any sufficiently advanced technology is indistinguishable from magic”. Now, as we push through the second decade of the 21st century and into a future seemingly set up for AI, Clarke’s law appears more apt than ever. Through the […]
Fear and loathing in China?
A realistic risk assessment
Navigating China’s economic turbulence
Global Emerging Markets Equity
Sustainable fixed income: Five questions answered
Question one: How does engagement in fixed income work in practice? It’s a myth that engagement in the realm of fixed income is less effective than for equities. Our multi-decade experience of deep engagement with companies issuing debt illustrates this – and we have a solid track record that underlines how effective engagement can be […]
Fiorino: Can US consumers stretch debt reality?
Physics is broken. Every physicist knows the two fundamental theories of reality – quantum mechanics and general relativity – remain hopelessly estranged after more than a century of uncomfortable co-existence. Resolving this theoretical dissonance has consumed some of the biggest brains in science since the early 20th century. The most promising efforts to address the […]
Private Equity: Assessing ESG risks and opportunities
Fast reading: We believe that to truly understand the risks and opportunities of an investment, we must consider all material factors, including ESG considerations. For private equity – a long-hold asset class with investment horizons of between five and seven years per investment – it is even more crucial to maintain a good understanding of […]
Will the US equities rally continue?
market snapshot
The carbon credit conundrum: A new approach
Fast reading: The current voluntary carbon market (‘VCM’) is littered with examples of projects that are not up to scratch – with a broad disparity between stated aims and actual outcomes. Buyers of carbon credits need to have full transparency around what they are buying and what the long-term impacts are likely to be. For […]
India: an ESG landscape in transformation
India’s rapid economic growth over the last two decades has lifted millions out of poverty and contributed phenomenally to global human development. It is now the fifth largest economy in the world and will likely be the third largest in the next seven years, with its GDP more than doubling from the current US$3.3tn. According […]
