Discussing the topics that matter

Emerging market short duration bonds – an attractive diversifier?

Emerging market debt has shown resilience despite repeat geopolitical shocks and a changing world order. In this environment, we think short duration bonds could be a useful way to diversify portfolios.

Diversification Re-Engineered

FX hedging: Turning an accidental risk into a strategic choice

Foreign exchange (FX) risk is a significant factor for investors holding international equities, affecting returns independently of equity performance. Managing FX exposure strategically rather than passively can enhance portfolio resilience and align risk with investor objectives

Resilient Income

Fixed Income Forward: June 2026

Events in China support our view that higher inflation will lead to higher bond yields. In this environment, globalising exposure, actively managing duration, and focusing on higher quality credits can temper volatility in interest rates and equities.

When calm no longer means safe: navigating a new volatility regime

Equity market volatility is shifting into a new regime where quiet markets can snap violently without warning. With these sudden, fleeting spikes turning volatility into a roller coaster, investors may need nimble, actively managed protection rather than static, set-and-forget hedges.

Resilient Income

Fixed Income Forward: May 2026

As the Iran conflict continues to dominate headlines, we make the case for unconventional diversifiers, such as selective emerging market assets, renminbi and high-quality spread products.

Stewardship | ~5 min read

Nature risk is now financial risk

The latest IPBES biodiversity report makes one thing clear: nature loss now has real financial consequences. From depleted water basins to biodiversity decline, investors are waking up to risks that hit operations, supply chains and long‑term growth.