Latest insights

25 April 2024 7 mins

Equity outlook: Have markets underestimated big tech?

When a small clutch of stocks warrants a name, it implies shared characteristics. In the case of the Magnificent 7[1], they are all tech stocks that produced outstanding returns in 2023. But this is by no means the whole story. In fact, only two of the Magnificent 7...

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11 April 2024 7 mins

Private markets: is the journey worth it?

They are illiquid, hard to access, difficult to research and not especially transparent. So what accounts for the 16x growth of private assets over the past 30 years to become an £8 trillion juggernaut[1]? Not long after the dawn of my investment career – let’s say the 1990s...

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11 April 2024 2 mins

The devil’s in the detail: spotting climate winners and losers

We get to know our companies comprehensively. When it comes to climate change, we use a proprietary, forward-looking approach to weighing individual companies’ prospects as the world warms. Active investment managers spend a lot of time assessing the outlook for individual companies. But when it comes to estimating...

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12 January 2024 5 mins

Investment themes: more than meets the AI

Sometimes it seems that the equity market can hold on to only one idea at a time. In 2023 that idea was artificial intelligence (AI), but 2024 could see the markets widen their interests. Market returns in 2023 surprised even the most optimistic of expectations. The ‘Magnificent Seven’,...

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12 January 2024 3 mins

Anti-obesity drugs: weighing the potential

‘Diabesity’ drugs have dominated headlines in recent months. The first of these was launched to little fanfare in the midst of the Covid pandemic in 2021, but as early adopters – often celebrities – showcased the seemingly miraculous results from these drugs, the world sat up and took...

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