Portfolio strategy

Portfolio Update – July 2026
Portfolio Update – July 2026

Global equity markets have advanced steadily through the first half of 2026, with most major indices posting positive returns year-to-date, despite an environment marked by persistent geopolitical tensions and trade uncertainty. […]

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Portfolio Update – June 2026
Portfolio Update – June 2026

Global equity markets have recovered from their first-quarter lows. […]

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Portfolio Update – May 2026
Portfolio Update – May 2026

Global equity markets advanced in April, with major indices returning to positive territory despite an environment characterized by volatility and persistent geopolitical tensions. […]

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Portfolio Update – April 2026
Portfolio Update – April 2026

Energy prices and financial markets continue to adjust to an increasingly uncertain geopolitical backdrop following the escalation of the Middle East conflict. […]

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Portfolio Update – March 2026
Portfolio Update – March 2026

Over the past several months, we have highlighted that elevated valuations and aggressive earnings estimates across segments of equity markets represented a key risk to our outlook, particularly in an environment characterized by persistent geopolitical and trade-related uncertainty. […]

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Portfolio Update – February 2026
Portfolio Update – February 2026

Global equity markets began the year on a positive note, with major indices advancing despite intermittent volatility. […]

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