Feature

A quality bias has been the right way to invest in emerging market equities for many decades.

Brexit uncertainty continues to act as a drag on the UK economy, holding back business investment and undermining consumer confidence.

Europe faces several challenges, specifically German manufacturing, trade wars and Italian budgetary pressures.

We believe the move of US dollar/Chinese renminbi above seven during early August is symbolic, and the country has explained it is in response to the US-imposed tariffs on Chinese goods.

Investors have piled into bonds such that more than $15trn worth are now negative yielding if held to maturity – a new record.

Global equity markets' abrupt sell-off, a fortnight ago now, emphasised equity markets' fragility in the latter stages of a mature economic cycle.

No asset has divided opinion in the investor community over the past seven years like government bonds.

One of the most talked about subjects in the investment world is the US market – obsession with the President's Twitter account, and the realisation that far too many investors have shifted from being long-term investors in quality underlying fundamentals...

In an environment where no region presents an obvious opportunity from a valuation perspective in 2019, Japan offers investors the best chance to at least get access to a major market at something of a discount.

The long-term attraction of the UK smaller companies market is beyond doubt.