An in-depth look at the latest economic and market developments Issue | First Quarter 2026 Global markets began 2026 with a constructive tone, building on the momentum of late 2025. January was marked by improving market breadth, with U.S. small caps and emerging markets leading returns. Equal-weight indices outperformed cap-weighted...

AI-related disruption, asset valuations and borrower stress have put private credit under a microscope lately. Is this a market facing its first major test after a decade of rapid growth? If it is, we expect it to pass comfortably.

The decarbonisation investment universe is well-stocked with ‘heavy-asset, low-obsolescence’ companies that are well-placed to benefit from an investment supercycle.

A review of the week’s top global economic and capital markets news. For the week ending 2 July 2026.

The tech boom makes the transition to clean energy ever more urgent – but also more achievable. We find out why at the world’s largest industrial innovation summit.

Behind the recent rally in energy credit lies a multi-year story of management discipline, restrained capital spending, and sector consolidation.

As of midday Thursday, global equities were mixed on the week, caught between Mideast optimism and a hawkish Fed. The yield on the US 10-year Treasury note edged down 5 basis points from Friday to 4.43%, while the price of a barrel of West Texas Intermediate crude fell $10.50 to...

The start of 2026 has seen mega forces dominate the headlines, from AI to geopolitical fragmentation with the disruptions from the Middle East conflict. We have seen the AI theme strengthen since the start of the year

As war in the Middle East adds to a series of global supply shocks, emerging markets are showing growing resilience in an increasingly multipolar world.

Portfolio Manager Nick Sheridan explores why shifting market leadership, geopolitical uncertainty, and changing investor behaviour are bringing smaller companies back into focus, offering a broader set of opportunities beyond the most crowded trades.

Developed-market bond markets are sending a message that investors can no longer afford to ignore. What began as a higher-for-longer rate adjustment has evolved into something much broader.

AI infrastructure investment is boosting the outlook for risk assets, particularly U.S. equities, despite geopolitical risks. Credit markets could face challenges as companies increase bond issuance.