We shine a light on emerging market small caps, looking at the characteristics and make up of this often misunderstood asset class.

In a soft month for EM equities, we review 2022’s winners and losers along with some key investment themes.

We examine what happened in the European energy sector in 2022 and look ahead to 2023.

The market turbulence experienced over the last several years culminated with a major downturn for both public equities and fixed income in 2022. However, the journey along the way did provide useful insights and lessons, particularly from the experiences during the height of the pandemic in 2020. This article considers the extent to which investors heeded the warning signs, or whether they were desensitized to the ensuing risks.

In this commentary, we look ahead to investment considerations in 2023, including resilience, strong balance sheets, and positive industry trends.

Emerging markets bounced back through the month, fuelled by signals that inflation is peaking, China announcing measures to support the property market along with taking steps to reopen.

Our team recently traveled to Taiwan to meet with companies in a range of sectors. We discuss their findings and thoughts on the island nation.

We look ahead to 2023, focusing on what we expect to see in the U.S. economy.

So far calendar year 2022 has been a challenging period for investors. Both equities and fixed investments have delivered negative returns and there are no obvious signs of any immediate improvement in the outlook as we navigate rising interest rates and high inflation. Not the ideal scenario for the introduction of changes in the charitable […]

We examine factors contributing to Japan’s projected growth in the coming year.

We discuss the importance of market research and the overall marketing expenditures in a context of an economic slowdown.

We have been discussing the news flowing out of China’s 20th Party Congress (held from 16th-22nd October) at length over the past few weeks. While the press and market reaction was poor, there are some positives from the event that are underappreciated by the press/market. While political and structural risks remain elevated, we have kept our China weighting at neutral given positive signs of economic bottoming and improving liquidity data.

We discuss historical performance of small caps in the 1970s, and why now is the time to increase exposure to small cap.

We discuss recent events in the UK and impacts on the markets.

We look at recent changes affecting the semiconductor industry, chip exports and wafer fabrication.