Investment themes
Our key investment themes are designed to have long-term relevance and to identify continuing investment opportunities. Browse the latest reports published by our global Chief Investment Office (CIO).
Our latest reports
PERSPECTIVES Special
Japan 2026 Outlook: Strategic reorientation amid policy normalisation and structural reforms
In this PERSPECTIVES Special we explore how Japan’s evolving geoeconomic strategy, innovation push, and corporate transformation are set to reshape the investment landscape in the years ahead.
Jan 22, 2026
PERSPECTIVES Memo
Greenland tensions: US announces new tariffs on European countries
US President Donald Trump announced on social media that the United States would implement a 10% tariff on eight European nations (Germany, France, the United Kingdom, the Netherlands, Norway, Sweden, Finland and Denmark) with effect from February 1, amid opposition to US intentions for Greenland. Read more.
Jan 19, 2026
PERSPECTIVES Memo
Venezuela tricolor flag with stars on a pole
Financial markets remain largely unaffected by the removal of Venezuela‘s President Maduro. Our positive market and economy outlook for 2026 also remains unchanged.
Jan 06, 2026
PERSPECTIVES Special
Spain: Impressive economic growth, once again
In this PERSPECTIVES Special – Spain: Impressive economic growth, once again, we explore the reasons for this success, while also addressing the structural challenges that Spain faces, which include productivity gaps, housing shortages, and political uncertainty. Read for more information.
Nov 28, 2025
PERSPECTIVES Memo
UK budget: navigating difficult waters
On Wednesday, the Chancellor of the Exchequer, Rachel Reeves, delivered her second Autumn Budget against a backdrop of slowing growth, elevated borrowing costs, and persistent domestic political uncertainty.
Nov 27, 2025
PERSPECTIVES Special
APEC summit – the deals and their implications
The APEC meeting in South Korea saw the signing of major trade deals between the US and many Asian economies. Dive into our special report for insights into what these developments may mean for markets, sectors, and your portfolio.
Nov 05, 2025
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