Insights and research

The expert opinion and research driving our investment decisions.

Insights

InsightsJul 23, 2025

The hybrid fund solution: rethinking real estate investment

Discover how hybrid real estate funds are reshaping access, liquidity, and opportunity.

2 min Read

InsightsJul 22, 2025

Bridging the gap: The $43trn EM infrastructure opportunity investors can’t ignore

Emerging markets face a $43 trillion infrastructure challenge. Investors can help bridge the gap and unlock growth, resilience and returns in the process

4 min Read

InsightsJul 22, 2025

Economic infrastructure update Q2 2025

Read more about the key achievements across our portfolio companies in the second quarter of 2025

6 min Read

InsightsJul 22, 2025

Global small caps: what’s behind the post ‘Liberation Day’ surge?

Small caps are back in the spotlight. From Europe to Asia, nimble companies are outperforming. Is it time to think small?

4 min Read

InsightsJul 21, 2025

Is China's green investment bubble about to burst?

Is China’s green boom about to go bust? Overcapacity fears loom – but the long-term story may just be beginning. Read more here.

9 min Read

InsightsJul 21, 2025

Know your ETFs: why active?

A look into the world of exchange-traded funds and why an actively managed approach is gaining traction with investors.

3 min Read

InsightsJul 17, 2025

UK real estate market outlook Q3 2025

Returns have been gradually climbing since the start of the year, as capital growth has returned. Find out more about our UK real estate views.

9 min Read

InsightsJul 17, 2025

European real estate market outlook Q3 2025

Reindustrialisation in Europe offers a structural play for investors to source new opportunities. We discuss the outlook for European real estate.

11 min Read

View all articles

Global Macro Research

Global Macro ResearchJul 09, 2025

Is China selling its US Treasuries?

After accounting for the use of custodians and acknowledging the role of state-owned enterprises, there seems to be limited evidence of China actively reducing its exposure to US assets. That said, holdings as a share of foreign assets may have been falling, while opportune sales could occur in an attempt to recruit ‘bond vigilantes’ and moderate US trade policy.

1 min Read

Global Macro ResearchJun 26, 2025

How much infrastructure does the world need?

In this new episode, we explore the staggering global infrastructure investment needs over the next 25 years, why the bill is so high, and how governments and private investors might share the load.

19 min Listen

Global Macro ResearchJun 13, 2025

The Monthly Macro Outlook Video June 2025

What’s driving the latest surge in US deficit projections? Lizzy Galbraith highlights the fiscal and trade policy shifts that could reshape the global economic outlook.

3 min Watch

Global Macro ResearchJun 12, 2025

Is the Big Beautiful Bill a step too far for bond markets?

In this episode, we explore the Trump administration’s sweeping plans that would swell government borrowing, why bond markets are getting nervous, and what Elon Musk’s exit may mean.

24 min Listen

Global Macro ResearchJun 12, 2025

Emerging markets outlook: Risks remain amid trade war de-escalation

While the threat of an escalation in the US trade war has receded, slowing global growth will be a drag, particularly on EMs reliant on trade. That said, a weaker US dollar and limited spillover from rising developed market bond yields should give EM central banks room to support their economies.

1 min Read

Global Macro ResearchJun 11, 2025

Global Economic Outlook: Trade and fiscal policy on trial

Tariff shocks have worn off, but investor concerns are shifting to fiscal risks. Explore what’s driving international economies and markets in our latest analysis.

4 min Read

Global Macro ResearchJun 03, 2025

A new dawn for European defence spending?

European defence spending is set to rise. However, fiscal considerations and low growth multipliers will constrain the economic tailwind somewhat, while fractured procurement and reliance on arms imports need to be addressed.

1 min Read