Kommentare und Nachrichten

There has been a lot of enthusiasm for China re-opening. Is it justified?

A snapshot of the portfolio at year-end, highlighting sustainability metrics and commentary on our corporate engagement and stewardship

Banks are complicated, commoditised, over-leveraged, under-regulated and cheap for a reason 

As the cost of capital has risen, so has volatility. What’s causing it ... and how should investors respond?

The macro picture has been challenging, particularly with uncertainty on the likely peak of the interest rate cycle. Company specific fundamentals remain positive, supported by stable earnings and corporate activity

Following the collapse of SVB and the risk of a banking crisis, the Fed may need to choose between price stability and financial stability

Sub-24 hour S&P 500 options are a sign of the equity market’s constant drive to short-termism. Is patient, long-term investment still justified?

Recent moves within the asset class reveal interesting patterns that may point to potential risk opportunities

When Adani came into the India index, passive funds had to buy the stock, driving up the price. As the price has fallen, reducing the weighting in the index, they have had to sell.

Income investors have had a long wait for real yields to rise from near-zero to levels closer to what has been historically normal