Market Report May 2026

Market Report May 2026

Market Summary   Global Equity Investor confidence improves, despite lingering geopolitical risk Global equities delivered a strong return of roughly +4.8% (USD-terms) in May 2026, reflecting a broadly positive global equity backdrop.  Global markets advanced...
Market Report April 2026

Market Report April 2026

Market Summary   Global Equity Strong rebound during April as geopolitical risk eased Global equity markets experienced a historic rebound in April 2026, largely shrugging off a severe geopolitical shock from the previous month to reach new all-time highs. The...
Market Report March 2026

Market Report March 2026

Market Summary   Volatility Returns as Geopolitics and Policy Uncertainty Rise The first quarter of 2026 has been marked by heightened volatility, as markets navigated a complex mix of geopolitical tensions, policy shifts and evolving investor sentiment. While...
Market Report February 2026

Market Report February 2026

  Market summary Growth Broadens as Inflation Pressures Ease February presented investors with a mix of geopolitical tension and encouraging economic data. The US Supreme Court ruled against using emergency powers to justify the April 2025 reciprocal tariffs,...
Market Report January 2026

Market Report January 2026

Market summary   A More Supportive Global Economic Backdrop January was marked by eye-catching geopolitical headlines, but beneath the surface investor confidence improved. Economic data in the US and Europe surprised positively, while inflation continued to...
Market Report December 2025

Market Report December 2025

  December 2025 In Review   From Fear to Recovery 2025 opened with renewed anxiety as US tariffs reignited global trade tensions, triggering a sharp sell-off in equities. By early April, developed markets were down 16.5%, and recession fears briefly...