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Financials and tech stocks led a 6.2% rise in global dividends over Q3 2025, reaching a record US$518.7 billion.

With equity markets keenly poised between exuberance and risk, investors are asking where do we go from here? On the 25th anniversary of flagship fund Global Brands, we sat down with William Lock, Head of the International Equity team at MSIM, to hear his views on markets and why he believes quality compounders remain one of the few reliable paths forward.

With little correlation to traditional fixed income assets, high-quality CLOs offer risk-remote access to attractive income

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