Global perspectives from
our Principal Advisers

Recent data suggests a potential soft landing for the global economy, as an increasing number of central banks are cutting rates to sustain growth amidst slowing momentum and inflation. Below is a summary of our latest quarterly report, which examines the key themes driving markets,

The strong momentum behind markets continued throughout the first quarter of 2024, with the Global Equity index climbing 14%, taking its annual return to 26%. Our report examines the key themes driving markets, risks and opportunities for 2024 and beyond.

Contrary to expectations of an impending recession, 2023 was a favourable year for investors, with Global Equities and Bonds gaining +22% and +5%, respectively. Our report examines the key themes driving markets, risks and opportunities for 2024 and beyond.

Our October report examines the key themes, risks and opportunities for the remainder of 2023 and beyond. Overall, the economy continues to defy expectations. Resilient growth reflects longer-than-expected policy lags, supported by an uneven interest rate burden that will keep rates higher for longer.

So far, 2023 has been better than expected, with a broad range of assets delivering healthy returns in the face of weak confidence. Our April report examines the key themes driving these returns and the outlook.