Last Quarter at a Glance
Global equities were flat in June but logged exceptional returns in 2Q—the best performance in more than six years.
Research Publications Archive
Last Week at a Glance
Global equities pulled back last week, led by a rotation out of technology and AI-related stocks.
Scarcity in an Age of Disruption: Five Sustainability Themes for Investors to Embrace
We live in an age of extraordinary technological abundance, but the global economy is increasingly running short of some of the most fundamental components to function and thrive: reliable power, stable supply chains, skilled workers, clean water, and a predictable environment. However, there are opportunities for investors to embrace within these scarcities, and through a better understanding of existing exposures and intentional investing in solutions across asset classes, those that act now will be better positioned to add long-term resilience to portfolios.
Underinvestment in the Electric Grid Has Created Opportunity Across Transmission, Distribution, and Grid-Enabling Technologies
The electricity grid is one of the most undercapitalized parts of the energy transition, and the investment required to close the gap is creating a multi-year capex cycle across the value chain, from transformers and high-voltage cables to smart grid software.
Circular Economy Models Can Improve Supply Chain Resilience
The circular economy is becoming an increasingly mission-critical business strategy in a more volatile world.
Workforce Development in the Age of AI Is a Large, Undercapitalized Investment Opportunity
As AI redraws labor demand, it is creating an undercapitalized opportunity in the human-capital infrastructure needed to re- and up-skill workers, support skilled trades, and expand worker retention and ownership models.
The Importance of Water Reliability Is Growing, as Is the Investment Opportunity
In many geographies, the availability of water is shifting from a ubiquitous input to a strategic economic resource, and markets may be underpricing the speed of that transition.
Physical Climate Risk Is Creating Opportunities in Adaptation and Resilience
Adaptation and resilience are becoming increasingly economic imperatives. The near-term warming trajectory is already largely set, and the consequences are arriving through higher insurance costs, supply chain disruption, agricultural volatility, and repeated infrastructure damage.
Starmer’s Resignation as UK PM Sees Focus Shift to Burnham’s Fiscal Stance
Keir Starmer’s resignation formalises a political transition that had already been widely anticipated after Labour’s poor local election results and months of pressure on his leadership.
Last Month at a Glance
Global equities rose in May, boosted by artificial intelligence (AI) earnings momentum and hopes for an extension of the US-Iran ceasefire.