Equity markets historically outperform in the 6 months following 1 November. What are the reasons for this? Can we expect positive seasonality in the current market environment?

While China’s growth data surprised positively over the weekend, Hong Kong and US-listed Chinese stocks sold off on Monday in reaction to the conclusion of China's 20th Party Congress. What is our take on the latest political and economic news? What are the consequences for China equity markets?

All the market's hopes lie in a change in the Fed's monetary policy. However, a U-turn seems unlikely in the short term.

The first nine months of 2022 will be remembered as one of the most challenging periods ever for asset allocators. For the first time in history, both equity and fixed income are down more than 10% as at the end of September.

With the bond market crash, major central banks are facing significant losses with consequences on their capital. To the point of threatening their efficiency and solvency?

Our main scenario is a rise in downside risks for the global economy, amplified by antagonist policies. This is due to a global growth slowdown that governments aim to mitigate through fiscal support, as well as a simultaneous inflationary environment that central banks are trying to contain. This combination spurs macroeconomic volatility which itself keeps asset price volatility elevated. Consequently, we maintain an “unattractive” stance on equities and a cautious view on both rates and spreads. We are positive on commodities and have a very attractive view on hedge funds. We remain positive on the dollar against all currencies as the greenback remains the only true inflation hedge at this stage.

The financial advisor of the 21st century takes on the appearance of a cyborg, combining robo-advisors with human financial planners.

Disastrous economic policies of successive UK governments are at the root of this crisis and the collapse of UK assets. But beware, other countries could soon know the same fate.

For decades, IPOs have very often been a source of excitement for investors. However, various studies show that investing in IPOs is far from being a sure win. Below, we highlight 7 pitfalls to avoid when investing in IPOs. 

In the current market environment, many equity managers emphasise portfolio diversification as a means of reducing risk. Are they on the wrong path?