EMEA
Insights
Investment Insights by our experts and thought leaders
Future Quality Insights: pandemic memories and ongoing impact on companies
by , — 02 December, 2024
We believe that investors should strive for a diversified global portfolio of quality companies that can thrive in an environment where the cost of capital may be higher than previously expected. Our
collective experience of the pandemic reminds us that such an approach is a good idea.
Balancing Act Monthly Insights: Global Multi-Asset (November 2024)
by — 29 November, 2024
We increased the overweight to growth assets given that economic data remains resilient against falling inflation and as global central banks lower interest rates. Regarding defensive assets, we have
been relatively negative on sovereign bonds, and despite the rate-cutting cycle underway, we maintain this view.
Harnessing Change - Monthly Insights: Asian Equity (October 2024)
by — 27 November, 2024
During the first Trump presidency, China outperformed the S&P 500 and all the perceived beneficiaries of "China Plus One". While history may not be repeated, it is clear that China's domestic policy
and market environment will become significant factors during Trump's second presidency.
On the Ground in Asia-Monthly Insights: Asian Fixed Income (October 2024)
by — 22 November, 2024
We have adopted a more cautious stance on Thai bonds with the Bank of Thailand not expected to ease policy further following its interest rate cut in October. Elsewhere in the region, the
reappointment of Sri Mulyani Indrawati as Indonesia's finance minister provides a positive medium-term outlook for Indonesian government bonds
Can the momentum shift on plastic pollution?
by , — 20 November, 2024
The highly anticipated Global Plastics Treaty carries high hopes as it will be the first attempt at forming a global legally binding instrument to address plastic pollution across its entire
lifecycle. Tackling plastic pollution will be a long, bumpy road requiring international cooperation, stringent policies and significant financial investment to drive effective solutions.
New Zealand Fixed Income Monthly (October 2024)
by , — 14 November, 2024
The bond market has turned its attention to the likely size of further interest rate reductions now that the RBNZ has made two cuts to the Official Cash Rate in quick succession. Our view is that New
Zealand’s monetary policy is on track to revive the economy, although the recovery will take some time.
New Zealand Equity Monthly (October 2024)
by , — 13 November, 2024
The RBNZ's recent shift to a more dovish stance already appears to have buoyed New Zealand's equities at this early stage of the cycle, with examples including signs of strength in the retirement
village and rental sectors, and the market has been delivering strong returns.
FOMC meeting: uptick in uncertainty with jobs, inflation and price expectations in focus
by , — 11 November, 2024
The Federal Reserve's interest rate cut in November was largely expected. However, Fed Chair Powell's comments pointed to changes in language, suggesting a shift towards a more uncertain policy, with
inflation and employment trends influencing future rate adjustments.
Navigating Japan Equities (November 2024): assessing the impact of the US elections on Japan
by , — 08 November, 2024
As with the other markets, Japanese equities reacted immediately to Donald Trump's US presidential election win. The immediate election impact is expected to fade relatively quickly, with market focus turning to the trade policies Trump may pursue upon his return to the White House.
Balancing Act: Global Multi-Asset Quarterly (Q3 2024)
by — 07 November, 2024
Volatility dominated risk markets in the early part of the July-September quarter, while perceptions of the US employment environment also had an impact. Over the quarter, we kept an overweight position on growth assets and maintained a neutral position on defensive assets.
