All change at the top? A 2025 outlook for US SMID
In this latest edition of our virtual portfolio briefings, Steven Chiavarone, Head of our Multi-Asset Group, delves into macroeconomic trends shaping the US market. The discussion continues with the US SMID investment team (Mark Sherlock, Lead Portfolio Manager; Henry Biddle, Co-Portfolio Manager and Charlotte Daughtrey, Equity Investment Specialist) who assess the impact of the election […]
Inflation unlikely to derail Fed plans
market snapshot
Is high yield ‘priced to perfection?’
Economy With solid progress on inflation, the Federal Reserve (Fed) began an easing cycle in 2024. However, January will usher in a new administration and policies contemplated under Trump 2.0 may not be bondholder friendly. While the market has mostly shrugged off concerns to date, President-elect Trump’s policies may lead to greater deficit spending and […]
Investors gauge fallout from crises in Paris and Seoul
Fast reading President Yoon Suk Yeol’s surprise declaration of martial law in South Korea led to clashes outside the National Assembly. After lawmakers blocked the move, Yoon reversed the declaration. Opposition parties have submitted a motion to impeach him. France has been plunged into political crisis after a no-confidence vote brought down the country’s minority […]
Money markets hit record high
Records, as they say, are made to be broken. But some seem so out of reach we don’t pay attention to them until they are nearly upon us. Think baseball legend Cal Ripken’s consecutive games-played streak, US swimmer Katie Ledecky’s gold medals or basketball star LeBron James’ career points. That’s the case with the record […]
US small-caps surge on Trump rally
market snapshot
What does Trump 2.0 mean for emerging markets?
Fast reading Trump’s proposed tax policies look favourable for the US tech sector as a lower tax burden should free up resources at many industries to spend on technology. Rising tech spend is likely to benefit Taiwan and South Korea as both economies are integral to global tech supply chains as well as the Indian […]
Various tailwinds support private markets
2025 Outlook
Fixed income: New challenges for the easing cycle
2025 Outlook
Will the equities rally continue in 2025?
2025 Outlook
