News & Insights

ESG characteristics are at the core of our investment philosophy. We believe that understanding material environmental, social and governance (ESG) factors improves the investment decision-making process and can lead to better returns.

We’re buying gold as we think the US dollar is likely to weaken further. We’re funding this purchase by selling some European government bonds. Valuations for southern European sovereign bonds are expensive, and the increase in bond issuance to finance the fiscal plans of Germany and France is a risk.

Private markets look set to become part of many investment portfolios, but they’re complex investments with advantages and disadvantages.

Last week, tariff-related developments continued to dominate financial markets. After the market relief in response to President Trump’s postponement of EU tariffs...

Last Friday, tariffs came back to the forefront with Trump saying that a 25% tariff must be paid by Apple if phones sold in the US are not made in the US...

There’s been a welcome swing in market sentiment since the agreement between the US and China to reduce tariffs for the next 90 days.