Fed fractures deepen, despite Powell's "Three and See" cut

11 December 2025 | Julian Howard

The Fed’s latest rate cut was widely expected and pleased markets. But with inflation running a full 1% above target and policymaker dissent growing ahead of Chair Powell’s departure, fiscal strains and stubborn long-term rates are clouding the outlook.

From outflows to opportunity: China equity today

11 December 2025 | Jian Shi Cortesi

Investment Director Jian Shi Cortesi highlights China’s 2025 equity rebound, fuelled by low valuations and policy support. Innovation, technology and structural growth themes create compelling opportunities despite tariff headlines and shifting investor sentiment, according to Jian.

What's in store for the Federal Reserve?

01 December 2025 | Julian Howard

The US central bank is facing growing political pressure amid speculation over Chair Powell’s successor. With faster rate cuts potentially on the table, markets have been basking in the dovish glow. But, in time, consumers may thank those policymakers who tried to keep smouldering inflationary fires under control.

The Asia ex-Japan rally has further to run

December 2025 | Jian Shi Cortesi

Asia/China Growth Equity: "Domestic policy settings have had a far greater impact for Asian equity performance than external factors like tariffs."