Celebrating three years of the Sustainable Global Equity Strategy
Fast reading Launched three years ago, our Sustainable Global Equity Strategy was designed as a core allocation that employ a sustainability lens to improve long-term financial returns. The portfolio comprises a wide range of company types from growth to quality and value, from small/mid-cap through to mega-cap, and across both developed and emerging markets. Our […]
Why so glum?
Despite some recent volatility, markets are starting to look optimistically at the potential for a soft landing in the US – inflation is falling towards a normalized level, unemployment is up, but still at historically low levels, and the Federal Reserve looks set to embark on a rate-cut cycle. Yet with all this positive data, […]
The road ahead for US equities
How might the US election impact small- and mid-cap companies? Video transcript 2024 has again shown us that anything can happen. In July alone, we experienced the world’s largest computer meltdown, an assassination attempt on Donald Trump and a change of the Democratic Party’s presidential nominee. The historic decision by President Joe Biden to withdraw […]
Equitorial: A practical pathway to net zero
Fast reading There is no silver bullet for investing in the climate transition, however, common to all approaches is the need to understand the challenges and address a range of obstacles. We believe the best solution combines strong historical data with forward-looking tools including scenario analysis, sector decarbonisation pathways, technology curves and projected emissions. Qualitative […]
Frontier markets: Tapping into untapped potential
What defines a ‘frontier’ country and why do you think investors could benefit by overweighting EM frontier credits? The emerging market (EM) world has evolved from being a large homogenous asset class into a much more complex one where we need new definitions to describe and define market segments. Core EM is often thought of […]
GEMs ESG Materiality, H1 2024
spotlight on South Korea
A new dawn for UK equities
Fast reading The news flow around the UK’s economy and its financial markets has been mostly negative for almost a decade. It has contributed to poor market sentiment which has been reflected in declining allocations to UK equities and cheap valuations. However, as the outlook for the country’s economy improves, we believe the current environment […]
Shopping around: The outlook for US retail
Fast reading US consumers are still spending but are selective as they continue to seek good value for money. Revenues have been hit by soft traffic and purchasing trends as consumers look to manage spending. Companies are focusing on core brands with stronger performance, with many now relying on asset sales to delever their balance […]
Mid caps: A time to shine?
In recent weeks, concerns around the breadth and sustainability of the mega-cap narrative have grown. The Magnificent Seven took a tumble and in their place hitherto unloved small-caps stocks went on a tear. But perhaps the market rotation means mid-cap stocks can now have their time in the sun? We believe mid-cap companies can combine […]
The Fed’s balancing act
One way US Federal Reserve leaders stay on message is to repeat words. Chair Jerome Powell certainly does, though sometimes the soundbites come back to haunt him – remember “transitory”? In the last few Federal Open Market Committee (FOMC) meetings, he struck a cadence with “confidence”; at 31 July’s post-meeting press conference, it was “balance.” […]
