Investment Team Monthly Update

In a world where financial markets are continually evolving, we believe it is important for investors to have access to information that can help with their decision-making process in a timely manner.

Each month, you can read the latest ‘Monthly Perspectives’ documents from our investment teams around the macroeconomic outlook, portfolio positioning, performance, and their outlook.

Monthly strategy updates

Fixed Income

Equities

UK Mid Cap strategy - Growing evidence of corporate cashflows being used to repay government financial support

Global equities were up in July in local-currency terms, but down in sterling due to the relative strength of the pound. Growth continued to outperform value in all major markets, most notably in the ...

UK Multi-Cap strategy - We are encouraged by the operational updates of UK listed businesses

Global equities were up in July in local-currency terms, but down in sterling due to the relative strength of the pound.

Global Technology strategy - An improved sense of confidence from companies, in contrast to the significant lack of visibility when they reported their last quarter

During July, the MSCI World index fell by 1.4% , although this was mostly currency related as the US dollar weakened. The technology sector outperformed, finishing the month slightly negative with t ...

Global Thematics strategy - Q2 2020 corporate earnings results have allowed management teams to articulate improved visibility for the second half of the year

Global equity markets performed well during July, supported by second quarter corporate earnings which have largely beaten expectations and, in some cases, have allowed management teams to articulate ...

Longevity Economy strategy - Strategy outperformed benchmark as global equities continued to rally

The rally in global equities continued unabated as the MSCI AC World Index rose in July following on from the strongest quarterly performance since 2009 despite a pandemic that continues to grip the ...

Clean Economy strategy - We see an increased emphasis in Europe on the importance of shifting to a circular economy

Global equity markets continued their strong performance through July. Growth has continued to outperform Value during the month, and investors continue to reward those sectors which appear to benefi ...

FinTech Strategy - Second quarter results were strong across the fintech universe

Although global Covid19 infection rates showed no sign of slowing down, global equity markets performed well in July on the back of strong corporate earnings and generally strong second half guidance ...

Digital Economy strategy - Q2 2020 earnings season: companies within the portfolio are reporting mostly better than expected results

Global equity markets continued to rise in July, with the MSCI All Country World index gaining 5.3%

Robotech strategy - We see significant investment activity in the warehouse automation space at the moment

During July, the Robotech strategy performed strongly, continuing its rebound seen during the second quarter of the calendar year.