Dovish central banks, strong fundamentals and an improved outlook for China suggest that all stars are aligned for emerging markets. How long can the year-to-date rally continue?
A weekly review of global markets and multi-asset portfolios
Michael discusses how short covering, rather than real money, has driven the fastest recovery on record following a bear market, and looks ahead at slowing earnings growth.
A brief note on the latest price action in equity markets, how business cycles end, and how markets are being left to fend for themselves without central bank intervention for the first time in 20 years.
2011 estimates and the thinking behind the numbers. Executive summary
2019 Long-Term Capital Market Assumptions Executive Summary Inforgraphic
An overview of our 2018 assumptions illustrated in an easy to read infographic.
The impact of technology on long-term potential economic growth illustrated in an easy to read infographic.
Mostly stable, mostly moderate
Expected returns and correlations of asset classes.