Blogs, News and Thought Pieces

Key Market Insights Central bank divergence: The Bank of Japan lifted rates to 0.75% in December whilst the US Federal Reserve and Bank of England both cut. This policy decoupling has the potential to unwind decades of capital flows that have favoured US assets. Commodity rally reached extremes: Gold surged to record highs above US$4,500 […]

Key Market Insights Market volatility returned in November, with corrections in crowded AI and technology names reinforcing the importance of balanced, multi-theme equity exposure. Diversification continued to prove its value, as shorter-duration bonds, alternatives and commodities helped stabilise returns when both equities and traditional bonds came under pressure. The UK Budget steadied its financial markets […]

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US government shutdown after Congress failed to reach agreement on a budget. The IMF warned of subdued global growth and inflation pressures. Conditions more constructive in Asia.

Bond markets questioning the longer-term fiscal credibility of developed western economics. Gold rose as the Fed cut rates while the ECB and BoE held steady. Portfolio gains came from gold, Asian equities, and Chrysalis’s Klarna IPO; AI exposure was trimmed amid market exuberance.

Key Market Insights US labour market falters: Weak job growth and government upheaval shake investor confidence, particularly in bond markets. Monetary policy waits on data: The Bank of England cuts rates and the US Federal Reserve and ECB maintain a wait-and-see approach. Commodity and equity markets defy volatility: Gold sets new highs, oil supply expands […]

This Quarterly Report is designed to support our valued advisers and clients.

In July 2025, markets were shaped by President Donald Trump’s “One Big Beautiful Bill,”. Debt markets stayed steady while equities rallied, pushing the S&P 500 to fresh highs.

June proved to be a remarkably composed month for financial markets which continued their recovery in the wake of US President Trump’s “Liberation Day” sell-off.

Following the turmoil that gripped markets in April, largely driven by the surprise imposition of US "Liberation Day" tariffs, May saw equity markets recover lost ground.

Global markets were rocked in April as the Trump administration ratcheted up trade tensions between the US and the rest of the world, igniting fears of a slowdown in global growth.

This Quarterly Report is designed to support our valued advisers and clients.