MARKET UPDATE – FEBRUARY 2026

MARKET UPDATE – FEBRUARY 2026

VOLATILITY IN COMMODITIES AS GEOPOLITICS DRIVES RETURNS January brought continued positive data surprises and most markets produced positive returns; however, as in 2025, headline gains came despite mounting geopolitical risks, including tensions around Venezuela,...
MARKET UPDATE – JANUARY 2026

MARKET UPDATE – JANUARY 2026

MARKETS BRUSH OFF TARIFFS, SHUTDOWNS AND AI JITTERS TO REWARD DIVERSIFIED INVESTORS Despite policy uncertainty, geopolitical tensions, and the longest government shutdown in US history, global markets delivered impressive returns across most asset classes in 2025. For...
MARKET UPDATE – DECEMBER 2025

MARKET UPDATE – DECEMBER 2025

TECH SHARES WOBBLE ON AI BUBBLE FEARS November was a month of two distinct phases in global markets, with an initial risk-off selloff followed by a sharp recovery that left headline indices little changed. Rapidly shifting expectations around a December Fed rate cut,...
MARKET UPDATE – NOVEMBER 2025

MARKET UPDATE – NOVEMBER 2025

MARKET OPTIMISM DRIVES RECORD HIGHS Most equity markets made further progress through October with record highs set. Improved relations between the US and China along with favourable economic data outweighed fears over an AI bubble and concerns around private credit....
MARKET UPDATE – SEPTEMBER 2025

MARKET UPDATE – SEPTEMBER 2025

MARKET RESILIENCE SUPPORTED BY DOVISH FEDERAL RESERVE Equity markets notched up fresh records during August despite emerging headwinds that tested investor confidence. During the month, investors navigated a delicate balance between robust corporate earnings, evolving...