Our Investment Philosophy
Our Team and Partners
Diversified Multi Asset
Latest Research Note
Our latest macro commentary can be viewed by clicking each of the insights in this section
Gavyn Davies’ blog – US productivity may not be that bad, after all
November 14, 2017
Bad news about US productivity growth has...
Research Notes - Macro Commentary
Fulcrum Research – Let the Credit Hunger Games Begin!
November 13, 2017
Corporate bond spreads have tightened further this...
Gavyn Davies’ blog – Does China’s new policy regime threaten the global upswing?
November 7, 2017
The strength of the upswing – almost...
Gavyn Davies’ blog – The (non) disappearing Phillips Curve – the evidence
October 31, 2017
Last week, I made two points about...
Gavyn Davies’ blog – The (non) disappearing Phillips Curve: why it matters
October 24, 2017
The existence, and recent disappearance, of the...
Gavyn Davies’ blog – World economy may be healthier than the IMF thinks
October 17, 2017
Richard Thaler, whose richly deserved Nobel Prize...
Gavyn Davies’ blog – Doves and hawks in the race for Fed Chair
October 10, 2017
On a trip to Washington last week,...
Winter is Coming: Turn Up the Central Bank Heat!
October 9, 2017
Government bond 10-year yields in the major...
Gavyn Davies’ blog – Trump’s fiscal stimulus, 2.0
October 3, 2017
US fiscal policy has been back in...
Gavyn Davies’ blog: Central bank disputes – Yellen versus Borio
September 28, 2017
Ever since the Great Financial Crash, the...
Gavyn Davies’ blog – American growth pessimism may be overdone
September 18, 2017
One of the failings of many market...
Gavyn Davies’ blog – The global upswing could be more sustainable this time
September 12, 2017
Last week, this blog reported the continuing...
Half-Year to Go: Beach-Ready Bond Workout!
July 25, 2017
Yields on benchmark 10-year government bonds in...