What We Do / Strategy & Research
Strategy & Research
Predicting and Positioning in the Markets
Taking our extensive research and understanding of the market, we dive into the driving forces behind market movements and position our portfolio to capitalize on emerging opportunities.
Through rigorous analysis and systematic positioning, we transform market insights into actionable investment strategies.
Market Strategy & Outlooks
Our approach to investment strategy and risk management
Market Outlook
Our latest market analysis and strategic positioning
Comprehensive market analysis covering economic trends, sector rotations, and investment themes.
Risk Framework
Our approach to portfolio risk management
Systematic risk assessment and position sizing methodologies.
Investment Process
How we research and evaluate opportunities
Rigorous fundamental analysis and quantitative evaluation methods.
Investment Strategies
Annual investment strategies and market positioning
2026 Investment Strategy
The 2026 investment landscape is being shaped by a more demanding macro regime in which policy uncertainty, energy volatility, infrastructure constraints, and tighter capital selectivity are feeding directly into asset prices. The dominant investment question is how markets will absorb higher oil prices, firmer inflation expectations, a cautious Federal Reserve, and a financing environment that is becoming more discriminating across both public and private markets. Our strategy emphasizes resilience, domestic capacity, and pricing power, with focus on sectors positioned to benefit from grid investment, energy infrastructure, defence and security spending, industrial capacity, and strong free cash flow generation. We also view private credit as an increasingly important transmission channel for broader market tightening, with implications for refinancing conditions, valuation discipline, and sector leadership.
2025 Investment Strategy
As we look ahead to 2025, signs point to the global economy achieving a soft landing, avoiding a severe recession. Key indicators such as stabilizing unemployment rates, steady inflation, and increasing CEO confidence bolster this optimistic outlook. However, geopolitical shifts, supply chain vulnerabilities, and evolving macroeconomic dynamics persist. This report comprehensively analyzes these trends and their implications for investment strategies.
2024 Investment Strategy
In light of the current economic indicators suggesting a recession or pre-recession phase, it is imperative to strategically refocus our investment strategy. Traditional wisdom and historical data indicate a shift towards industries that tend to be more resilient or even thrive during economic downturns. The focus is on sectors that provide essential goods and services, which remain in demand regardless of the broader economic environment.
Industry Reports
Deep-dive analysis of key industries and sectors
Technology & Software
AI, cloud computing, semiconductors, and digital transformation
Deep analysis of emerging technologies, software platforms, and digital innovation trends.
Financial Services
Fintech, banking, payments, and capital markets
Digital payments, blockchain applications, regulatory changes, and financial technology evolution.
Healthcare & Biotech
Pharmaceuticals, medical devices, and biotechnology
Analysis of pharmaceutical pipelines, medical devices, biotech innovation, and healthcare delivery.
Consumer & Retail
E-commerce, consumer goods, and retail transformation
Digital commerce trends, consumer behavior shifts, and retail industry evolution.
Energy & Materials
Renewable energy, commodities, and raw materials
Clean energy transition, commodity markets, and sustainable materials analysis.
Industrials
Manufacturing, infrastructure, and industrial technology
Automation, infrastructure development, and industrial technology advancements.
Published Industry Reports
2026 Market Outlook
The 2026 market environment is being defined by a tighter and more consequential interaction between geopolitics, energy, capital costs, and sector leadership. Oil has moved back to the centre of macro pricing, not only through headline inflation but through its influence on confidence, consumption, and monetary-policy restraint. At the same time, artificial intelligence investment is broadening beyond software and semiconductors into the physical systems required to support large-scale compute, making power generation, transmission, and grid capacity increasingly important market variables. A further shift is taking place in private credit, where redemption pressure, tighter liquidity terms, and growing dispersion are beginning to influence refinancing conditions and valuation discipline more broadly across public and private markets. The result is a market that is placing a higher premium on essential assets, pricing power, balance-sheet resilience, and exposure to structural bottlenecks. Our 2026 outlook is centred on these underappreciated transmission channels and on the sectors most directly linked to them.
2025 Market Outlook
As we look ahead to 2025, signs point to the global economy achieving a soft landing, avoiding a severe recession. Key indicators such as stabilizing unemployment rates, steady inflation, and increasing CEO confidence bolster this optimistic outlook. However, geopolitical shifts, supply chain vulnerabilities, and evolving macroeconomic dynamics persist. This report comprehensively analyzes these trends and their implications for investment strategies.