Recent thinking
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Equities
Multi-asset chart of the month for June: Astronomical IPOs redefine markets
24 Jun 2026
The size of the SpaceX IPO is taking equity issuance to a whole new level.
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Fixed income
Taking the leap: Incorporating climate in core investment-grade allocations
16 Jun 2026
How can investors align their credit allocations to net-zero commitments and maintain returns?
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Equities
Confidence in a changing climate
15 Jun 2026
How can institutions forge impactful climate strategies that are right for them and their end beneficiaries? Our “Confidence in a changing climate” guide showcases some of the solutions we have developed to help.
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Fixed income
Bond Voyage: Why repo is quietly becoming one of the most important issues for investors
9 Jun 2026
As central banks unwind quantitative easing (QE), liquidity is increasingly being provided through repo operations instead of continuous asset purchases by the banks. How resilient is this new approach?
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Fixed income
Blockchain: The quiet technology reshaping financial infrastructure
8 Jun 2026
Tokenisation is more than a technical novelty. Our simple guide explains how blockchain turns assets into digital tokens and examines the potential benefits and risks.
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Equities
Sustainability review 2025
2 Jun 2026
We believe understanding sustainability factors and trends is fundamental to effective asset management. This report sets out our approach and includes an overview of our holistic stewardship activities over the past year
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Pensions
Illiquidity premia in private debt: Q1 2026
1 Jun 2026
In our Q1 2026 deep dive, our research team crunched the data to explore how evolving macro conditions are reflected in private debt returns.
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Private Markets
Payment on delivery: Execution is key to returns in European infrastructure
27 May 2026
In 2026, a lot of capital is chasing few genuinely deliverable infrastructure assets, while geopolitical turmoil is reshaping energy markets. Darryl Murphy, head of infrastructure, delves into what this means for investors.
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Equities
Multi-asset chart of the month for May: When a few stocks reshape markets
22 May 2026
Taiwan and South Korea are outpacing some of Europe’s largest stock markets, driven by demand for AI technology.
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Fixed income
Clarity and resilience: New guidance for European Money Market Funds
21 May 2026
New guidance on the rules governing European money market funds should strengthen the market’s foundations and provide a firm footing for innovation and growth, argues Alastair Sewell.
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Equities
Investing in an age of AI disruption
13 May 2026
The widespread adoption of Artificial Intelligence is expected to cause significant disruption across many industry sectors, and markets are already pricing in the potential impacts. But is it too soon to identify the winners and losers in the AI revolution?
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Fixed income
Bond Voyage: Emerging markets have changed: why markets shouldn’t price them like it's 2013
11 May 2026
Emerging markets have increasingly forged for themselves a path less dependent on external conditions, making local currency debt one of the most mispriced narratives in global markets.
House View
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Compass
Compass draws on the insights of our Matrix Pods. These are cross-functional forums that bring together portfolio managers, strategists, economists, and traders to generate forward-looking, consensus-based views on key fixed income asset classes. This provides investors with a clear view on key risk drivers, helping guide portfolio positioning and enhance decision-making across the key fixed income asset classes.
The Little Book of Data
Good data visualisation makes us see the world anew. The sixth edition of The Little Book of Data presents original and curated visuals, charts and graphics to offer a fresh perspective on topics shaping our world.