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Market Commentary May 2026

Letter 3

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

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Executive Summary Market review Equities stayed resilient despite a tougher backdrop. Global equities rose 1.3% in Q3, supported by resilient...

Market Commentary September 2026

August saw equity markets recover much of July’s lost ground, supported by resilient earnings and economic growth AI related segments...

Market Commentary August 2026

July was characterised by a sharp divergence within equity markets. Momentum stocks came under sustained pressure, with the month delivering...