EXECUTIVE SUMMARY Equity markets extended gains into May, supported by strong corporate earnings across the US and Asia. Australian equities underperformed, as higher interest rates

EXECUTIVE SUMMARY Equity markets have rebounded at different speeds, largely reflecting differences in index composition and exposure to the Middle East situation. US markets have reached

EXECUTIVE SUMMARY March was a challenging month for equity and bond markets as oil prices surges amid theMiddle East conflict. Australia reliance on imported fuel

EXECUTIVE SUMMARY Australian equities hit record highs in February, led by gains in the financials and materials sectors. The earnings outlook is improving, with ASX

EXECUTIVE SUMMARY 2025 was a rewarding year for investors, with all major asset classes posting gains. Markets adapted to shifting politics, as Donald Trump began