2021: Quarter Four

Summary It is too early to judge if inflation is transitory or entrenched but this is the economic measure with the greatest power to determine the course of financial markets…

Read more
2021: Quarter Three

Recent UK economic signals have remained broadly positive and the June GDP numbers indicated a stronger recovery than forecasted and the Bank of England now expects the economy to regain…

Read more
2021: Quarter Two

Macro Highlights Expectations of global economic growth in 2021 continue to be revised higher and even now may prove to be conservative. The release of pent-up demand as vaccines are…

Read more
Quarter 1 2018 2021: Quarter One

The outlook for equities and bonds is challenging but the view from our underlying fund managers is that the greatest valuation opportunities are in the UK, Asia and the global…

Read more