Annual Market Research
View the latest research and analyses on current market movements
2026 Research Report
With the global economy expected to remain resilient, the macro environment will likely continue to support risk assets. Nevertheless, the increasingly rich market valuations suggest the need to be more disciplined and discerning.
Notably, we would focus on the shifts in the T&Cs - including trade, central banks, currencies, technology, and climate change - that will continue to shape markets in 2026.
2025 Research Report
The combination of resilient growth and accommodative monetary policy should support markets going into 2025.
Nevertheless, there are downside risks including inflation, trade uncertainty and geopolitical tensions. Hence, we reiterate the importance of maintaining a well-diversified portfolio to achieve optimised returns over time.
2024 Research Report
Global growth is expected to slow but remain positive, thus lending support to risk assets. Still, the shifting macro expectations and geopolitical uncertainty will continue to drive market volatility.
The key is for investors to stay nimble and maintain a diversified core portfolio for resilient long-term returns.