The recent market environment has been shaped by geopolitical tensions, sector rotations and shifting growth expectations. As a result, global equity strategies with a growth bias have experienced a more challenging period in terms of relative performance. However, the current environment may create a combination of structural growth and more attractive valuations. We take a short look at how our DPAM B Equities NEWGEMS Sustainable actively managed fund has fared and discuss our perspective on its outlook.

In the 1980s, Business Development Companies (BDCs) were established as publicly listed investment companies to provide debt and equity financing to small and mid-sized US companies. The capital is permanent; investors can enter or exit by buying or selling shares on the stock exchange. The sector remained relatively small for several decades

The strikes in Iran and across the Middle East carry severe human consequences for the region. For the markets, the key question concerns the potential impact on oil prices, inflation, growth and asset pricing.