Views

Has commodity inflation well and truly set in? And what happens when central banks weigh in on equities?

Why fiscal policy is an important factor to consider when we think about inflation; how bad did it really get for Value in 2017-2020?; and why the bubble is still pretty big.

Hedge funds continue their positive start to 2021, posting gains in April, with returns shared across strategies.

Stock markets finally have breadth; should the PBOC stick or twist?; and the rapidly growing price of timber.

We have revised our outlook on distressed strategies to negative, a notable change following our positive outlook in the past four quarters.

The Harold Macmillan market: you’ve never had it so good?; and the anomalies in the gold price.

Can markets really handle the inflation base effect?; and the vulnerability of equity valuations.

What happens if the US dollar weakens?; and despite everything, the VIX is still grinding down.

Hedge funds experienced a mixed month in March, with variable performance within and between different strategies and styles.

Who will win and who will lose from Biden’s tax plans?; and the possibility of a great Growth unwind.

We believe there are increasing opportunities from a sovereign distressed wave which is not yet being priced in, outside of Turkey, today; and our thoughts on the Oxford/AstraZeneca vaccine.