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The site you are about to enter is intended for Australian wholesale clients only (as that term is defined in section 761G of the Corporations Act 2001 (Cth)) and is not intended for distribution to, nor should it be relied upon by, retail clients. Newton Investment Management Limited (Newton) is authorised and regulated in the UK by the Financial Conduct Authority (FCA). Newton is providing financial services to wholesale clients in Australia in reliance on ASIC Corporations (Repeal and Transitional) Instrument 2016/396, a copy of which is on the website of the Australian Securities and Investments Commission, www.asic.gov.au. The Instrument exempts entities that are authorised and regulated in the UK by the FCA, such as Newton, from the need to hold an Australian financial services license under the Corporations Act 2001 for certain financial services provided to Australian wholesale clients on certain conditions. Financial services provided by Newton are regulated by the FCA under the laws and regulatory requirements of the United Kingdom, which are different to the laws applying in Australia. This information is made available by Newton Investment Management Limited and Emesco Agents Pty Ltd.

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Newton Portal
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macro views

Blog

Newton’s top 10 debates for 2025

We debate the most out-of-consensus viewpoints for 2025.

10 January 2025 Brock Campbell, Newton secular research team
Blog

Navigating the Trump presidency

We discuss the consensus ‘Trump trade’ and whether it will hold.

19 December 2024 Brock Campbell
Blog

Fixed-income outlook 2025: Opportunity and uncertainty

We assess the global outlook for 2025 and uncover the key areas of opportunity for bond investors.

11 December 2024 Ella Hoxha
Blog

US election: Third time’s a charm?

We consider the broad investment implications of Donald Trump’s US election victory.

12 November 2024 Brendan Mulhern
City, Metropolis, Urban
Blog

UK election: What could it mean for bond markets?

We assess how the new UK government and its policy initiatives might affect UK finances and bond markets.

23 July 2024 Newton fixed income team
Blog

Europe: Coming together again?

With an evolving macro and geopolitical backdrop driving changes within the eurozone, we consider the investment implications.

13 May 2024 Ella Hoxha
Blog

Market outlook: A case of déjà vu?

We analyse how potentially higher-for-longer inflation could influence markets over the coming months.

24 April 2024 Paul Brain
Blog

China and the West: A tale of two inflations

We analyse how China’s economy is influencing inflation rates across the developed and emerging world.

09 February 2024 Newton fixed income team
A mood of change
Blog

Absolute-return investing: A new golden age?

Why we believe a changed macroeconomic backdrop makes an absolute-return investment approach increasingly relevant.

19 January 2024 Paul Brain, Catherine Doyle
2021: better income outcomes?
Blog

Global equities outlook 2024

We reveal the themes and sectors that we believe will help us to unlock long-term growth in 2024.

15 January 2024 Louise Kernohan
Architecture, Building, Cityscape
Blog

Macro-geopolitical 2024 outlook: Pivotal election year ahead

With several key trends set to reach an important climax in 2024, we consider the investment implications.

06 December 2023 Newton fixed income team
Insights
Blog

Fixed-income outlook: Bonds beating cash

After two difficult years, we explain why we believe the prospects for bond investors are improving.

27 November 2023 Jon Day
Ukraine: War, Peace and Reconstruction
Blog

Ukraine: war, peace and reconstruction

What recent events in Russia could mean for the Ukraine war and Europe’s mid-term inflation outlook.

31 July 2023 Newton fixed income team
First Republic demise a symptom of higher rates
Blog

First Republic demise a symptom of higher rates

Our thoughts on First Republic's collapse and what it means for the future of the banking sector.

09 May 2023 Vivek Gautam, Michael Holton
Megacities medium
Blog

SVB: Breaking the system?

Could we see further financial casualties this year?

20 March 2023 Paul Brain
Blog

Retake on Double Take: Commercial real estate

We examine the future of commercial real estate and its implications for employers and employees alike.

02 February 2023 Jack Encarnacao, Raphael J. Lewis
Russia and China: a new world order
Blog

Geopolitical outlook: how ‘great power competition’ will define 2023

How the theme of ‘great power competition’ could shape the macroeconomic backdrop in 2023 and beyond.

23 January 2023 Newton fixed income team
Blog

Global bond outlook: how far can the rally go?

How far can the bond rally go?

04 January 2023 Paul Brain
Blog

Are gilts still under pressure?

We assess the impact of the UK government’s Autumn Statement on the gilt market.

23 November 2022 Carl Shepherd
Retake on Double Take: A UK Winter of Discontent
Blog

Retake on Double Take: A UK Winter of Discontent

In the latest Double Take, we examine the investment implications of the continuing energy crisis enveloping the UK.

25 October 2022 Jack Encarnacao, Raphael J. Lewis
Policy response
Blog

Vladimir Putin: Mr three per cent?

We examine how the Russian leader’s actions have affected the market’s risk premium and what might happen next.

21 October 2022 Newton fixed income team
Wristwatch, Coin, Money
Blog

Retake on Double Take: Compliant crypto

We investigate the rapidly evolving world of cryptocurrency compliance as financial institutions plan to expand into digital assets.

20 October 2022 Jack Encarnacao, Raphael J. Lewis
The power of divergence
Blog

The power of divergence

We analyse how diverging economies can create opportunities for bond investors with a global mindset.

01 September 2022 Paul Brain
Retake on Double Take: The Reshoring Decision
Blog

Retake on Double Take: The reshoring decision

We discuss the macroeconomic factors driving the potential return of manufacturing jobs to the US.

26 July 2022 Raphael J. Lewis, Jack Encarnacao
The end of globalisation as we know it
Blog

The end of globalisation as we know it

Why deglobalisation and supply shortages are leading to greater government intervention.

29 June 2022 Simon Nichols
Spinning on a new inflationary axis
Blog

Spinning on a new inflationary axis

We examine the conditions that have led to increasingly high levels of inflation.

27 June 2022 Brendan Mulhern
Global Equities: Navigating a Volatile Backdrop
Blog

Global equities: Navigating a volatile backdrop

We discuss how our global equity specialists are managing the volatility of today’s market landscape.

06 June 2022 John Porter III
Retake on Double Take: A Nuclear Renaissance?
Blog

Retake on Double Take: A nuclear renaissance?

We discuss the potential of nuclear energy and how it may fit into the global energy transition.

26 May 2022 Raphael J. Lewis, Jack Encarnacao
Blog

Russian bear, Chinese dragon: feasting on honey or playing with fire?

As conflict continues in Ukraine, we assess the potential investment implications arising from evolving Sino-Russian relations.

08 April 2022 Newton fixed income team
Server, Computer, Hardware
Blog

Retake on Double Take: Data privacy and regulating big tech

We investigate how big tech companies are mining personal data, and how regulators and lawmakers are responding.

07 April 2022 Raphael J. Lewis, Jack Encarnacao
Ukraine Russia war soldier
Blog

Russian bear: grizzly and exiled

We examine the long-term global structural impacts of the Ukraine war and Russia’s pariah status.

21 March 2022 Newton fixed income team
On the rise…
Blog

On the rise…

We assess what the Fed’s latest monetary-policy signalling could mean for bond markets.

28 January 2022 Paul Brain
Deal or no deal?
Blog

Deal or no deal?

We assess Russian President Vladimir Putin’s list of demands over Ukraine and future implications for Europe’s security architecture.

20 January 2022 Newton fixed income team
A monetary regime change or just a mild bout of inflation?
Blog

Not another financial crisis

Why we believe the post-Covid recovery will be different from the post-financial crisis period.

14 October 2021 Brendan Mulhern
On the defensive
Blog

On the defensive

With protectionist measures on the increase globally, we discuss some of the opportunities and risks for investors.

25 May 2021 Matthew Brown
Inflationary Fears Overdone?
Blog

Inflationary fears overdone?

We assess the near and mid-term implications of central-bank and government policy for bond markets.

07 April 2021 Paul Brain
Is the stage set for inflation?
Blog

Is the stage set for inflation?

Will inflation finally re-emerge in a post-pandemic recovery, and how can a balanced portfolio prepare for it?

01 February 2021 Aron Pataki
State of play
Blog

State of play

As policy intervention ratchets up to new levels in response to Covid-19, what are the implications for investors?

18 January 2021 Matthew Brown
Gold, Box, Treasure
Blog

Gold: tailwinds?

We discuss the outlook for the precious metal.

14 December 2020 Catherine Doyle
Market melt-up?
Blog

Market melt-up?

Could the US election outcome and hopes of an imminent Covid-19 vaccine keep markets trending upwards?

12 November 2020 Brendan Mulhern
US election
Blog

US election: bond investors shift focus to 2021

We discuss how bond markets have responded to the US election.

09 November 2020 Paul Brain
Blog

Beyond Covid-19: The ‘U-bend’ recovery

Why we believe the post-pandemic economy will take some time to get back to pre-crisis levels.

20 August 2020 Paul Brain
Blog

European recovery assured?

We assess the ramifications of the European Union’s €750bn deal for EU bond markets and the euro.

21 July 2020 Paul Brain
US dollar: devalue to save the world?
Blog

US dollar: devalue to save the world?

We assess how US-dollar strength will affect the global economy as it starts to recover from the pandemic.

22 May 2020 Paul Brain
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Individual Investors will be redirected to bnymellon.com

This is a financial promotion. Issued by Newton Investment Management Limited, 160 Queen Victoria Street, London, EC4V 4LA. Registered in England No. 01371973. Newton Investment Management is authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN and is a subsidiary of The Bank of New York Mellon Corporation. Newton is providing financial services to wholesale clients in Australia in reliance on ASIC Class Order 03/1099, a copy of which is on the website of the Australian Securities and Investments Commission, www.asic.gov.au. The Class Order exempts entities that are authorised and regulated in the UK by the FCA, such as Newton, from the need to hold an Australian financial services license under the Corporations Act 2001 for certain financial services provided to Australian wholesale clients on certain conditions. Financial services provided by Newton are regulated by the FCA under the laws and regulatory requirements of the United Kingdom, which are different to the laws applying in Australia.

Material in this publication is for general information only. The opinions expressed in this document are those of Newton and should not be construed as investment advice or recommendations for any purchase or sale of any specific security or commodity. Certain information contained herein is based on outside sources believed to be reliable, but its accuracy is not guaranteed. You should consult your advisor to determine whether any particular investment strategy is appropriate. This material is for institutional investors only. Past performance is not a guide to future performance. Your capital may be at risk. The value of investments and the income from them can fall as well as rise and investors may not get back the original amount invested.

This material is for Australian wholesale clients only and is not intended for distribution to, nor should it be relied upon by, retail clients. This information has not been prepared to take into account the investment objectives, financial objectives or particular needs of any particular person. Before making an investment decision you should carefully consider, with or without the assistance of a financial adviser, whether such an investment strategy is appropriate in light of your particular investment needs, objectives and financial circumstances.

This information is made available by Newton and BNY Mellon Investment Management Australia Ltd (AFSL 227865). This information is confidential and is only provided to Australian wholesale clients (as that term is defined in section 761G of the Corporations Act 2001 (Cth)). This is not an offering or the solicitation of an offer to purchase an interest in any financial product referred to in this website. This content is for general purposes only and should not be relied upon as financial product advice. This content has been prepared without taking into account the objectives, financial situation or needs of any person. Before making an investment decision an investor should consider the appropriateness of the information in this website having regard to these matters and read the disclosure document relating to a financial product. Investors should also consider obtaining independent advice before making any investment decisions. Investments can go up and down and to the extent that this website contains any past performance information, past performance is not a reliable indicator of the future performance of the relevant investment or any similar investment strategy.

Newton Investment Management Limited is exempt from the requirement to hold an Australian financial services licence in respect of the financial services it provides to wholesale clients in Australia and is authorised and regulated by the Financial Conduct Authority of the UK under UK laws, which differ from Australian laws.