What is driving the resurgence of investor interest in emerging markets after a decade marked by political and economic challenges? Recent policy uncertainty under President Trump has rekindled interest in regions beyond the US, as investors reassess global opportunities amid faltering US exceptionalism. Find out which countries are benefitting from currency shifts and corporate governance reforms, presenting compelling options for those seeking diversification away from US-centric investments, as the ‘great rotation’ gains momentum.

As many countries attempt to phase out fossil fuels, electric vehicles (EVs) have become ubiquitous – and China is leading the way. Sitting at the intersection of technology, sustainability, and global growth, the Chinese EV sector is an emblem of China’s global ambitions.

Recent turbulence emanating from the US has demonstrated a change in attitudes. Despite evident volatility, the dollar weakened, contrary to what would typically be expected in times of stress. The perception of risk between emerging markets and developed markets are no longer black and white. So, are investors now rethinking emerging markets?

The weakness of the US dollar this year has been unexpected as tariffs were widely expected to lead to the dollar strengthening. Tristan Hanson, Multi Asset Fund Manager, explores the factors that determine currency movements, from capital flows to interest rate differentials. While bearishness about the US dollar has increased, he suggests investors should be appropriately sceptical of the stories used to explain exchange rate movements.

Is now the right time to buy Europe with valuations cheap and corporate growth prospects on the up?  Watch this Asset TV Masterclass with Bhavneet Ahluwalia, Investment Specialist, to find out how active fund managers are picking stocks against a backdrop of human conflict, market volatility and Trump's tariffs.  Discover why mid-caps are back and how previously unloved sectors like defense, materials, and chemicals are making a comeback. 

The historic relationship between the US dollar and Treasury yields has been broken. Typically in times of crisis, Treasury yields fall, while the greenback strengthens. Now, we are seeing the dollar tumble, while Treasury yields are rising – a signal that investors’ unshakeable faith in the US as a safe haven has begun to crumble.

In early 2025, markets faced volatility, geopolitical shifts, and sector rotations. However, dividend growth investing remained a steady strategy, emphasising income and capital growth, according to Stuart Rhodes, Global Equity Income Fund Manager. While portfolios were adjusted for resilience and opportunity – balancing tech exposure with defensive quality – flexibility and valuation discipline guided decisions amid uncertainty, aiming for long-term, sustainable returns.  

The year started with renewed geopolitical tensions, rising tariffs, and persistent inflation concerns, setting the stage for a volatile year across global markets. For credit investors, such an environment creates uncertainty but also opportunity - particularly for those with a disciplined, value-oriented approach.