Ascend Asia Asset Management launches new credit investment strategy for accredited investors. Read More.

Market Commentary May 2023

Letter 3

Concerns from March continued into April, with First Republic Bank surpassing Silicon Valley Bank as the second-largest bank failure in the United States. While these failures shocked many, they are a normal part of markets.

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

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July 2025 ushered in renewed optimism across financial markets. Alongside robust US economic data, sentiment was also driven by favourable...