GAM Insights http://www.gam.com/en/rss/insights Q2 Multi-Asset Perspectives: Lift-off or turn-off? https://www.gam.com/en/our-thinking/investment-opinions/q2-multi-asset-perspectives-lift-off-or-turn-off The second quarter of 2026 saw an extremely strong return of 15.3% in global equities as measured by the MSCI AC World Index in local currency terms. 2026-07-08T00:00:00 European banks: The new AI winners? https://www.gam.com/en/our-thinking/european-equities-blog/european-banks-the-new-ai-winners Since OpenAI unveiled ChatGPT at the end of November 2022, investors have poured money into the companies building AI. Now they are starting to ask a different question: who is actually making money from it? 2026-07-03T00:00:00 Reassuringly Divided: Why the AI-driven economic disparity shouldn’t concern investors https://www.gam.com/en/our-thinking/investment-opinions/reassuringly-divided Economists and strategists have long been taught that the US economy is dominated by consumers, and of course this is borne out by the well-established contribution of consumption to economic growth over time. 2026-06-19T00:00:00 GAM Proxy Voting: Stewardship in a Changing Governance Landscape https://www.gam.com/en/our-thinking/investment-opinions/2026-proxy-season-key-themes 2026-06-11T00:00:00 Beyond SpaceX: The overlooked European companies benefitting from the global space boom https://www.gam.com/en/our-thinking/european-equities-blog/beyond-spacex The excitement surrounding a potential SpaceX IPO has triggered a rush into anything linked to the space economy. 2026-06-04T00:00:00 SpaceX IPO and beyond Accessing innovation in the private markets https://www.gam.com/en/our-thinking/investment-opinions/spacex-ipo-and-beyond 2026-05-28T00:00:00 Is the UK OK? Markets cast their vote on the political uncertainty https://www.gam.com/en/our-thinking/investment-opinions/is-the-uk-ok UK markets gave investors plenty to think about with the local elections of 7 May. Whereas the Iran war seems not to be affecting the S&P 500 at all anymore, the immediate market response in the UK has been notable. 2026-05-26T00:00:00 Lessons from Iran https://www.gam.com/en/our-thinking/investment-opinions/lessons-from-iran 2026-05-11T00:00:00 What has Iran changed, if anything? https://www.gam.com/en/our-thinking/european-equities-blog/what-has-iran-changed-if-anything Since February's textbook "de-grossing" event in the run up to the Iran conflict, leadership has already re-concentrated into semiconductors, AI infrastructure and energy-related capital expenditure (capex), consumer sectors, airlines and defence lagged. 2026-05-07T00:00:00 The New Energy Order - the thematic embrace of Oilfield Services https://www.gam.com/en/our-thinking/european-equities-blog/the-new-energy-order 2026-04-15T00:00:00