Quarterly Investment Report – October 2025

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Fear or Fundamentals?

Headlines have been volatile this year, with fear surrounding inflation, trade tensions, and shifting policy; yet the numbers tell a more balanced story.

At the same time, some complacency has crept in, with parts of the market looking stretched and enthusiasm (FOMO) for gold running high.

In our latest Quarterly Investment Report, we share how we are positioned for the final months of 2025, including a new long-short strategy in Global Equities to capture opportunities on both sides.

Here’s what we cover:

  • Why central bank rate cuts are reshaping the outlook for 2026
  • Equities and the case for active long/short strategies as enthusiasm fades
  • The bull case is built on resilient earnings, supportive policy and AI-driven growth
  • The bear case highlights trade tensions, fiscal strain and inflation risk
  • Gold’s surge is driven more by fear than fundamentals, and how we are positioning

In investing, the advantage rarely comes from prediction. It comes from preparation and patience.

We hope you find the commentary helpful and look forward to staying connected through the close of 2025 and beyond.

Warm regards,
The MPW Advisory Board

 

General Advice Warning: Any comments in this communication do not consider your objectives, financial situation or needs. Before acting on any general advice, consider whether it is appropriate for you.

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