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Some unexpected candidates take pole position in the performance stakes.
Not all points of the yield curve respond equally to Federal Reserve rate cuts.
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12 August 2025
The Fund may have changed its name – but nothing fundamental has changed.
Global SMID Equity Engagement* team engaged with 60% of portfolio on issue of mental health.
Fed holds rates, and Chair Powell sidesteps President Trump's pressure.
The Fed’s inflation concerns still outweigh indications of softening growth.
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