Search Result(s)

Interest rates won’t come down as quickly as some had hoped, says our CIO, William Davies, but further gains for equities are still possible this year.

Life under Labour: what is the macro background for the new Government, their likely budget plans and the impact on the economy?

While discounts in the investment trusts universe make headlines (the average sector discount has widened slightly over the first quarter to nearly 16%), as managers we get on with the day job of seeking out investments that have the prospects to grow and provide positive returns for the 16,000+ shareholders holding a stake in the CT Global Managed Portfolio Trust.

The world is facing a water crisis. Around the globe we either have too little (drought), too much (flooding) or too toxic water.

I think the pessimism over the failure of US inflation to keep falling should reverse over the next few months. That should halt the steady decline in the scale of expected interest rate cuts across Europe, UK and US. Current expectations are 75 basis points (bp) off in Europe but only 50bp in the UK and even less in the US. That’s a dramatic change compared with the optimism we saw at the start of the year.

Rate cuts have preoccupied financial markets since the start of this year. Inching towards June and the first central bank is yet to blink. The US Federal Reserve had, until very recently, been expected to take the lead. A series of stronger US CPI readings in the first quarter, largely revolving around the stickiness of core services inflation, seems to have put paid to those expectations. The April CPI figure wasn’t as bad as feared but ‘shelter inflation’, known more universally as housing rental costs is still persistently high. Now Europe has pushed forward as the more likely first contender, with June cuts being pencilled in.

Decarbonising Steel: redefining the value chain and the role of iron ore miners

The transportation sector has a significant impact on global emissions, but technology innovations, policy changes and shifting behaviours can reduce this. How are the different modes progressing?