In his latest video update, Senior Fund Manager, George Crowdy, looks at the market environment for sustainable investing over the past quarter and provides a short-term outlook.
The Fed held rates steady at 4.25% to 4.50% last night, sticking to its cautious stance despite mounting pressure to ease. Labour markets remain robust and inflation stubbornly above target, but th...
Atoms, bytes and genes represent our way of thinking about the evolution of the physical, digital and natural worlds, which constitute everything around us. Ample evidence suggests that trends in these areas will drive growth in the corporate world for many years to come.
In his latest video update, Head of Multi Asset, Trevor Greetham, gives an overview of the past quarter, the impact of current markets on the positioning of the Investment Clock, and provides a short-term outlook.
It’s been a rollercoaster year for US equities which began with sharp declines but are now back at all-time highs following the recent two months of strong performance.
Investors may be forgiven for feeling a little weary at the end of a volatile and news heavy January.
Political uncertainty is always present. But there seems to be a ratcheting up at present. In the US we await the implication of President Trump v2. Often the sequel is a let down but this one looks likely to match the original – in terms of impact.
“The more I practice the luckier I get”, is the famous adage attributed to Gary Player, a leading golfer of the 1970s and 1980s. In essence, he is right. Dedication and hard work are important building blocks of success and what could be seen as chance is, in reality, the results of painstaking effort. Yet success is a curious mixture – inspiration, perspiration, and indeed luck.
Last week saw the UK energy price cap raised for households, coming into effect in January. Consumers may not feel it – but we are lucky. Industry has no such protection and, as a consequence, we face the highest cost for electricity amongst our peer group. Looking at the latest government statistics, the UK is a clear outlier with only Slovakia approaching our levels. Relative to a median price derived by the International Energy Agency, the UK industrial electricity prices were 54% higher than the average in 2023.
UK Budget speculation continued to bubble away last week, with increased focus on employers’ National Insurance and Inheritance Tax.
It has not been a good week for UK infrastructure. EDF’s Hinkley Point nuclear plant needs more money, a middle eastern investor has written off its equity stake in Thames Water and the HS2 saga continues to astound.
The US economy continues to confound the sceptics. Last week’s employment data showed upside surprises across the board.
US exceptionalism is a phrased used to explain why the US is different from other economies. The dynamism, reflected in growth rates, innovation, trend setting, music, cinema etc sets the US apart.
Having returned from a short cycling holiday in Dorset I can confirm that the countryside is beautiful and lush – probably due to the high incidence of rain in September, if my experience is typical.
