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THINK DIFFERENTLY

THINK DIFFERENTLY

Executive Summary At a Glance ​ 2025 Highlights 2025 rewarded discipline. Markets endured periods of sharp volatility and rapidly shifting narratives yet repeatedly regained their footing as the year progressed....
Market Commentary December 2025

Market Commentary December 2025

November unfolded in two distinct halves: risk assets first experiencing a selloff, before staging a strong rebound toward months-end.
Market Commentary November 2025

Market Commentary November 2025

Markets ended October higher overall, but not without a few twists along the way.
Market Commentary October 2025

Market Commentary October 2025

Q3 2025 saw positive returns across most major asset classes, with equities and precious metals leading gains.
Market Commentary August 2025

Market Commentary August 2025

July 2025 ushered in renewed optimism across financial markets. Alongside robust US economic data, sentiment was also driven by favourable US trade deals with key partners like Japan, the EU,...
Market Commentary July 2025

Market Commentary July 2025

Q2 2025 saw strong rallies across most asset classes, apart from the US dollar and oil.