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2026

THINK DIFFERENTLY

THINK DIFFERENTLY

Executive Summary Market review July was characterised by a sharp divergencewithin equity markets. Momentum stockscame under sustained pressure, with themonth delivering one of the largestmomentum unwinds since the 2008 GlobalFinancial Crisis. ​ Oil...
Market Commentary July 2026

Market Commentary July 2026

Markets recovered as geopolitical fears eased. De-escalation in the US–Iran conflict and lower oil prices helped restore risk appetite after a volatile start to the quarter.
Market Commentary June 2026

Market Commentary June 2026

May extended April’s recovery, with Artificial Intelligence (AI) becoming the dominant market driver as strong technology earnings and guidance renewed confidence in the AI investment cycle.
Market Commentary May 2026

Market Commentary May 2026

April delivered one of the strongest market recoveries, as easing geopolitical tensions sparked a relief rally that earnings quickly gave weight to.