Seeking out structural growth opportunities against an evolving backdrop.

Tackling climate change: How did we get here?

Optimism and recovery dominated investor sentiment during a quarter in which the inflation debate remained centre stage.

From 'peak inflation' to second-half slowdown? Our Real Return team discuss the investment backdrop.

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

Is India ready for a China-style take-off?

Government-bond investors experienced a brutal three months as worries over the outlook for inflation continued to grow.

Investors hoping 2021 would be smoother sailing than 2020 would have been left disappointed by the opening quarter.

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

Bond markets have endured a tough year. We discuss the inflation threat and where to find best value.

We look at recent academic work that underpins the effectiveness of global equity-income investing.

We assess the implications of the UK Budget for bond markets and the wider economy.

Why equity-income investing has underperformed recently, and why we believe the outlook is more positive.

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

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

We consider why the US equity market has made such strong advances in a highly uncertain environment.

While Covid-19 meant that new-year fireworks celebrations were scaled back, markets saw some pyrotechnics during 2020’s final quarter.

We look at three macro trends that investors need to be aware of.

We discuss the outlook for the precious metal.

A focus on two more of our primary investment themes: ‘state intervention’ and ‘healthy demand’

We analyse how the pandemic is shaping key trends affecting the investment landscape today and in the future.

A focus on three of our primary investment themes: ‘Earth matters’, ‘consumer power’ and ‘China influence’.

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

We assess the implications of Joe Biden’s US presidential election victory.

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

The outlook for inflation, and a focus on sustainable fixed-incoming investing.

How the monetary and fiscal response to Covid-19 is reshaping bond markets.

Our Real Return team considers the investment backdrop.

For much of the quarter, financial markets also appeared to have returned to business as usual.

With the US election fast approaching, we assess the potential implications for markets.

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

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

We provide our macro outlook for the second half of 2020.

How is the pandemic changing global trends?

How will Covid-19 shape the post-pandemic investment landscape?

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

We assess some potential consequences of the pandemic, and how they may play out in the global economy.

We assess the potential impact of an unprecedented US fiscal stimulus package on markets.

We analyse the impact of Covid-19 on global bond markets in anticipation of the next stage.

Coronavirus-induced volatility continues to plague markets, but are there some tentative early signs of recovery?

How does the spread of coronavirus affect the global investment outlook?

How can pension schemes and asset managers keep up with a disruptive and fast-moving investment backdrop?

How the spending pledges from the two main political parties could affect the UK gilts market.

Does recent US Federal Reserve activity hint at what lies ahead for US monetary policy?

Our dynamic thematic framework helps identify structural growth opportunities created by rapid urbanisation.

How can investors thrive in a world defined by disruption?

Boris Johnson has embarked upon a radical but controversial Brexit strategy.

We assess the latest developments as the UK moves closer to the 31 October Brexit extension deadline.

What could Boris Johnson’s victory mean for the UK’s gilt and currency markets, and future Brexit strategy?

With financial markets threatening to bounce the Fed into a fresh easing cycle, we give our perspective.

Major demographic shifts will have pronounced implications for economies and investors.

As tariffs are hiked again, where does the US-China trade war go from here?

Modern Monetary Theory is gaining traction among policymakers, but what are the possible consequences for investors and markets?

Political uncertainty could create short-term instability for Spanish bond spreads, but will it last?

A new ‘post-globalisation’ era may have major implications for investors.

With consumer price inflation remaining subdued despite extreme monetary policies, should investors still worry about inflation risk?

What are the investment implications of the World Bank’s key charts of 2018?

Amid another tumultuous week, the outcome of the UK’s Brexit negotiations look even murkier.

The Irish and UK prime ministers are experiencing contrasting fortunes as Brexit negotiations rumble on.

As the bond-market cycle clock ticks on, we offer our outlook for 2019.

We assess the prospects for global equities in 2019

With a decade of financial excess now behind us, the risks appear skewed to the downside.

The UK Prime Minister’s emphatic Brexit vote loss last night raises more Brexit questions than it answers.

Theresa May’s crushing Brexit deal defeat appears relatively meaningless compared to what might happen next.

Our recent conference panel session looked at where markets are heading against an ever-shifting backdrop.

Trade confrontations may dominate the headlines, but deeper structural concerns are driving market movements.

A continuing budget dispute is leading to renewed speculation over an Italian exit from the EU.

Can the US equity market continue its stellar performance into 2019?

Are Turkey’s travails a precursor of worse to come for the global financial system as quantitative tightening starts…

China recently signalled a shift towards short-term economic growth by loosening monetary policy. Will this stimulate global reflation?

How US monetary policy affects different sectors of the bond market at different times.

We evaluate the current inflationary backdrop through the lens of our ‘fire risks’ investment theme.

The technology sector is booming, but memories of the dot-com bubble may leave investors nervous. What’s really going…

With the FIFA World Cup fast approaching, can Russia sustain an economic recovery after its deep recession?

The rise of the middle-class consumer and its implications for investors.

What are the consequences of the increase in short-term contracts and freelance work for inflation and bond markets?

Improvements sparked by the advent of the plough help to inform our view that trade wars produce no…

The eurozone appears to have weathered various crises, but it may not be out of the woods yet.

Analysing the investment landscape against a backdrop of rising interest rates.

A global trade war could fuel rising inflation and renewed volatility.  

Is the close of an ex-rapper’s cannabis venture capital fund a sign that points to the top of…

Why we think this cycle has a significant chance of ending with a bang rather than a whimper.

While many argue against the current economic cycle being a rerun of the last, we beg to differ.

Have we seen an extended cyclical bull market or sustainable secular expansion?

A look at the canine characteristics of the world’s leading central banks.

Why the latest court ruling on Brazil’s former president could spell good news for its economy.

The structural growth story in global Chinese tourism could run for decades.

What lies ahead for global equity markets in 2018?

Where are opportunities for flexible fixed-income investors likely to arise in 2018?

In spite of housing and productivity initiatives, the UK’s Budget was overshadowed by a significant downgrade in growth…

Cautious messaging around the much-anticipated UK rate rise puts the focus squarely on the health of the economy.

How prepared are governments for the ageing of their populations?

Is it time for central banks to disregard CPI as a guide for determining monetary policy?

As central banks start to withdraw liquidity support, can risk assets continue their strong run?

Despite talk of a UK economic slowdown, the picture appears more mixed than outright negative.

Has a long-held central-bank assumption on what triggers inflation become obsolete?

What approach should investors take while awaiting more certainty on monetary policy direction?

High hopes of a President Trump-sponsored injection into global growth have taken a hit.

What could the UK’s hung parliament mean for Brexit and fixed income markets?

Strong markets and data point to confidence in economic recovery, but scratch the surface and a darker picture…