Despite elevated mortgage rates, UK home prices remain resilient. Average new seller asking prices were roughly flat in October, even as evidence of selling pressures are emerging. According to Rightmove, total home…
The UK August employment report was in line with recent data showing an economy humming at a decent pace. The unemployment rate decreased 0.1pp to 4% after peaking at 4.4% before the summer. The BoE will look kindly to the…
In this Insight, we assess whether investors should expect fiscal turbulence in the UK, that will drive UK yields higher and the pound lower.
Our Q3 portfolio was defensive, which we believe will be the appropriate stance in the next six-to-twelve months. Data coming out of the US has remained robust which could cause US bond yields to temporarily overshoot. An overshoot…
Comments from Bank of England Governor Andrew Bailey on Thursday, hinting at “a more aggressive” pace of rate cuts, marked a shift in rhetoric from previous meetings which signaled a “gradual” pace. The…
UK headline CPI grew at a stable 2.2% y/y in August, though the core measure accelerated from 3.3% to 3.6%, in line with expectations. An 11.6% annual increase in airfare largely drove core CPI higher, while offsetting…
The BoE embarked on its easing cycle in August, delivering its first 25 bps rate cut. The decision was nowhere near unanimous, with 5 MPCs out of 9 voting in favor of lowering policy rates. Indeed, while headline inflation is…
According to BCA Research’s Private Markets & Alternatives service, the Sports Franchise market presents a compelling opportunity for Private Equity due to its strong growth potential, evolving business models, and…
Preliminary estimates suggest that with the exception of the UK (see Country Focus), manufacturing activity remains lackluster in DM economies. Manufacturing declined at a slower pace in Japan and Australia but the contractions…