Defensive equity strategies represent a useful addition to an equity allocation, but evaluating them in a typical relative risk-return framework can be awkward. An active strategy using a minimum…
The economic normalisation process is well under way, notwithstanding a flare-up in new coronavirus cases. The return to normality is most evident in regions where the vaccine roll-out has been…
This year’s financial market dynamics highlight the importance of being flexible and adaptive. Recent moves in the rates markets in particular seem to defy economic fundamentals. The market’s swings…
