insights.

The profitability and valuations of large-cap equities could shift in 2025 as a result of the continuing rise in short- and long-term US real rates, our analysis shows.

As markets become concerned about rising deficits, Simply put tests whether lowering taxes delivers on the theoretical promise to generate better tax returns.  

Spending promises from US election candidates have spurred a repricing of bond risk. Simply put explores how budget deficits affect asset classes.

We outline convictions and allocation calls for our long-only strategies, given the US macro picture, Europe’s economic divergence and China’s stimulus.

With signs of cyclical improvement in economic data and rising US inflation pressures, Simply put assesses the long-term path of rates.

The Q4 Alphorum explains our positioning across sovereign markets and credit sectors as the global interest-rate cutting cycle progresses.

Why has our Plastic Circularity strategy invested in Calyxia? We unpack the investment and impact cases for the producer of biodegradable alternatives to a type of microplastic used in everyday products. 

The consensus view is that inflation is declining – yet our nowcasting indicators point to building inflationary pressures. In this context, key hedges like inflation-linked bonds and commodities seem undervalued, in our view.