Market Updates

Is China imploding or is the worst behind us now?

Is China imploding or is the worst behind us now?

We have had zero direct Chinese exposure in London & Capital asset allocation whilst we waited for the myriad of issues to be suitably resolved. Of course, there is indirect exposure via most global companies selling into China - either receiving inputs into their...

“Higher for longer”: A warning or the new reality?

“Higher for longer”: A warning or the new reality?

The Federal Reserve Chairman has been relentless in recent weeks, banging the drum for “higher for longer” interest rate policy. This has begun to undermine the Treasury market despite generally supportive economic data including better Personal Consumption...

THE DEBRIEF | Q3 2023

THE DEBRIEF | Q3 2023

We invite you to sit down with our Chief Investment Officer, Pau Morilla Giner, and Head of the Private Investment Office, Iain Tait, as they debrief on the last quarter and look ahead to potential market trends for Q3 2023. They examine the geo-political shifts,...

Note from the CIO 15.06.2023

Note from the CIO 15.06.2023

UK government bonds have seen the largest selloff since October’s “mini budget” crisis, with 2-year gilts hitting a peak of 4.9% yesterday (highest since 2008). THIS IS NOT A REPEAT OF OCTOBER MOVES A big question is if this is a repeat to what we saw in October,...

The inflation conundrum

The inflation conundrum

Inflation appears to have peaked in most major economies, but it remains uncomfortably high and well above target levels, and is likely to persist above target levels into 2024. Central banks are not arguing that the inflation problem has been resolved, but markets...

It just got messy.

It just got messy.

Just when it seemed that the central banks could focus solely on inflation, a potential banking crisis has emerged that may derail their plans for a smooth landing and lower inflation. While policymakers appear calm on the surface, like an elegant swan floating across...

THE DEBRIEF | Q2 2023

THE DEBRIEF | Q2 2023

We invite you to sit down with our Chief Investment Officer, Pau Morilla Giner, and Head of the Private Investment Office, Iain Tait, as they debrief on the last quarter and look ahead to potential market trends for Q2 2023. They examine the geo-political shifts,...