Investment Letter Q2 2026

We entered the quarter in the throes of an unexpected conflict between the US, Israel and Iran, with both bond and equity markets moving in lockstep with the oil price: the most visible barometer of the potential disruption to the global economy. Quickly, though, the...

South America: In Crude Health

“Every act of energy conservation… is more than just common sense: I tell you it is an act of patriotism.” Jimmy Carter, former US President, during the energy crisis of 1978–79 South America finds itself on the cusp of a revolution, emerging, as it...
Financial Times: Wills, Inheritance and Capacity

Spears 500 2026 Indices: Adviser Recognition

Congratulations to Ross Elder, Fred Hervey, Ben Stern, Stephen Kattou and Tom Braithwaite on being recognised in the Spears 500 2026 Wealth Management Index. The Spears 500 is globally recognised as an essential resource for high-net-worth and ultra-high-net-worth...