“Innovation and corporate governance are extremely important to improve the profitability of Japanese companies and encourage them to increase wages, capital spending, and dividends.” Shinzo Abe, former Prime Minister of Japan If markets in 2022 were characterised by...
Commodity companies have suffered years of underinvestment which has created an ever-widening gap between future demand and future supply. As the world transitions to a more sustainable future, we believe commodity equities currently offer investors an attractive...
“Banking is very good business if you don't do anything dumb." Warren Buffett This year started with a sharp rally in equity markets. Having entered the year with our portfolios cautiously positioned, including a higher cash balance than we would ordinarily hold, we...
"Change is the law of life. And those who look only to the past or present are certain to miss the future." John F. Kennedy A glance at the returns of all major asset classes over the past 12 months would confirm that 2022 has been incredibly challenging for...
Foreign currency has competed fiercely with other astounding price moves this year for investors’ attention, significantly inflating or deflating returns on foreign assets for international investors. For investors in the UK, investments denominated in US dollars have...
“We all need to get the balance right between action and reflection. With so many distractions, it is easy to forget to pause and take stock.” Queen Elizabeth II At the start of the summer, a traditionally quieter time for trading activity, investors around the world...
“Inflation, like the genie in the lamp, is very difficult to control when it is released.” Iván Martín, Magallanes We are leaving behind the worst quarter for global equities and bonds in aggregate since 1990. With inflation remaining stubbornly high, central banks...
It has been a testing time for investors in China, which has experienced a series of shocks to the investment backdrop that have spilled over into all sectors of the equity market, both in Shanghai and in Hong Kong. In what follows, we will explain why, in the face of...
“I don’t know if war is always pointless,’ she said. ‘I know it’s always tragic.” Catherine Ryan Hyde Financial markets were unsettled this quarter by the deeply saddening events in Ukraine which have dominated the news over the last six weeks. Emerging Market, Asian...
At Lincoln, our strength lies in truly understanding our clients and what they are looking to achieve, and then, alongside good investment performance, delivering an excellent level of service and overall client experience. Whilst the word ‘service’ is relatively easy...