Our Investment Philosophy
Our Team and Partners
Research & News
Diversified Multi Asset
Latest Macro Commentary
The Macro Commentaries are based on the FT Blogs by Gavyn Davies.
Ultra low market volatility – friend or foe?
January 16, 2018
The financial markets have started 2018 in...
Gavyn Davies' Blog
Can secular stagnation morph into secular expansion?
January 9, 2018
In the last few years, it has...
Global growth in 2018 – slowing but not slow
December 12, 2017
There is now an almost complete, if...
The changing of the guard at the Fed
December 5, 2017
It is now widely recognised that President...
BoJ hints at normalisation, with Japanese characteristics
November 28, 2017
The five year term of Bank of...
US productivity may not be that bad, after all
November 14, 2017
Bad news about US productivity growth has...
Does China’s new policy regime threaten the global upswing?
November 9, 2017
The strength of the upswing – almost...
The (non) disappearing Phillips Curve – the evidence
October 31, 2017
Last week, I made two points about...
The (non) disappearing Phillips Curve: why it matters
October 24, 2017
The existence, and recent disappearance, of the...
World economy may be healthier than the IMF thinks
October 17, 2017
Richard Thaler, whose richly deserved Nobel Prize...
Doves and hawks in the race for Fed Chair
October 10, 2017
On a trip to Washington last week,...
Trump’s fiscal stimulus, 2.0
October 3, 2017
US fiscal policy has been back in...
Central bank disputes – Yellen versus Borio
September 28, 2017
Ever since the Great Financial Crash, the...