Government-bond investors experienced a challenging 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.

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

We explore three long-term structural growth stories in emerging markets.

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

Finding fixed-income solutions in a yield-hungry world.

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?

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

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

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

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 analyze 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.

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

There are significant risks on the horizon, but we believe opportunities are emerging.

Our Real Return team considers the investment backdrop.

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

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

Equity markets appeared at times to be detached from reality as they rebounded strongly during the second quarter.

Our Real Return team considers the investment backdrop.

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.

In 2015 American philanthropist Bill Gates warned of the potential threat a pandemic posed to the global economy.

Our Real Return team considers the investment backdrop.

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

We analyze 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 the spending pledges from the two main British political parties could affect the UK's bond markets.

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

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

How can investors thrive in a world defined by disruption?

Emerging-market governments and companies are attaching increasing importance to environmental, social and governance considerations.

What could Boris Johnson’s appointment as UK prime minister mean for bond and currency markets, and Brexit strategy?

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

The global liquidity party remains very much in evidence, despite the Norwegian central bank’s latest rate hike.

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-globalization’ 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.

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 questions than it answers.

Our recent London 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 European Union.

Can the U.S. 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 signaled a shift towards short-term economic growth by loosening monetary policy. Will this stimulate global reflation?

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

Everything you wanted to know about Brexit…but were afraid to ask.

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

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

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

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

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

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

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?

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?

Blockchain technology could revolutionize financial services.

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

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