2026 multi-asset outlook

Correlation is one of the most widely used statistical measures in modern finance. But investors looking for genuine portfolio diversification may wish to use it alongside other metrics as they look to mitigate risk.

As geopolitics reshapes markets, rare earths are moving into the spotlight – and Greenland is emerging as a strategic focal point.

After a year of tech-fuelled rallies, trade shocks, and fiscal brinkmanship, 2026 offers both promise and peril. Here’s what investors need to know and our outlook for 2026.

It's not just the Magnificent Seven who have been benefitting from the AI investment boom.

This month’s chart looks at the strong performance of gold compared to equities so far in 2025. Has it gone too far, or does it still hold value?

This month’s chart looks at the Magnificent Seven group of stocks and explores whether – rather than being a bubble akin to the dotcom era – their high valuations are justified by high earnings.

Vital industries for UK growth like steel or cement are also energy intensive, and their decarbonisation is essential. We convened a roundtable of experts to discuss barriers and solutions to unlocking low-carbon investment opportunities.

This month’s chart highlights why a home bias could be counter-productive for UK investors given the continued underlying strength of US companies.

The current macro environment poses significant challenges for investors. Our AIMS Target Return team explain why a less conventional approach can help maintain portfolio resilience and unlock return opportunities.

Welcome back to Bitesize, our monthly data-viz series, where we unpack market developments in a single chart (or two), giving you sharp insights in under five minutes. This month, we explore what history can tell us about the likely market impact of the US-China tariff dispute.

Markets continued to digest the endless news flow on global tariffs, while Nvidia provided further indications of the resilience of company earnings in the first quarter of the year.

US fiscal concerns took centre stage this week, as investors reassessed the long-term sustainability of government debt.