Navigating Coronavirus Uncertainty: Perspectives from our investment teams, key considerations for investors and business continuity updates from executive leadership.

Find out how environmental, social and governance (ESG) considerations are embedded within our organization and investment principles.

Latest Insights

Equities / cash switching rule update
Global Perspectives

Equities / cash switching rule update

The “monetarist” equities / cash switching rule followed here recommends unhedged global equities (MSCI World index) only when the following two conditions are satisfied:
1. Six-month change in global (i.e. G7 plus E7*) real narrow money above six-month change in industrial output;
2. 12-month change in global real narrow money above slow moving average (currently at 5.6%).

Still looks like a “V”
Global Perspectives

Still looks like a “V”

The central view here remains that the global economy is staging a V-shaped recovery – or an italic V, at least – from the covid shock (not recession), with industrial output / GDP likely to regain pre-crisis levels in late 2020 / early 2021.

RBA to markets: “We are still here”

RBA to markets: “We are still here”

Portfolio Manager Dan Siluk explains that, despite economic conditions appearing to stabilise throughout much of Australia, the Reserve Bank of Australia felt compelled to recommence bond purchases to establish its credibility with respect to its yield curve control programme.

Fixed Income Perspectives

Quarterly insight from our fixed income team to help clients navigate the markets and opportunities ahead.

FEATURED FUNDS

Horizon Global Sustainable Equity Fund

A global equity strategy employing an integrated approach to sustainable and responsible investment (SRI).

Horizon Euro High Yield Bond Fund

For investors seeking the potential for high overall yield and capital growth in European fixed income.

Global Equity Fund

A benchmark-agnostic equities fund seeking to invest in high-quality, growing companies from across the world that are benefiting from long-term secular trends.

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