Climate change is a real market risk in the next five years. Investors should factor it into their portfolio construction process. Although the world is currently in the grips of the COVID-19 pandemic, and global carbon emissions have declined sharply, we expect climate risk to come back on the political agenda before long.
Because the stock market typically runs ahead of economic recovery, it's not surprising that it rallied from March lows. What's surprising is the rally's strength. We think the pessimism/optimism pendulum may be starting to swing too far, with overdone investor euphoria in certain pockets of the equity market.
One of the most significant investment winners year-to-date in 2020 has been gold. What is behind the sudden interest in the yellow metal? We look at the history of gold as an investment and what may have been driving the rise in the price of gold in 2020.
Not all approaches to ESG are created equal—why a focus on integration, forward-looking dynamics and active engagement is the key to unlocking long-term returns in equity investments.
Dr. Ghadir Cooper, Global Head of Equities, shares insight into the deliberate approach that her team takes when incorporating ESG into their investment process, including how integration, dynamism and active engagement contribute to better outcomes.
COVID-19 has tested the resolve of even the most seasoned investors, leading some to question investment strategy and portfolio mix. However, faced with uncertainty, we are unwavering in our belief that a consistent investment approach helps us find opportunities that may deliver greater value. Portfolio Manager Gareth Lyons covers our four-pillar investment process and how it’s designed to reveal holdings with long-term potential.