Institutional Asset Management News and Insights
Central banks starting to pivot to navigate economic challenges
In line with our views at the start of the year, the shift towards lower interest rates has begun. The Fed has stepped up with a larger rate cut than originally expected and seems determined to ensure that the US manages to have a soft landing. This may put pressure...
Major economies facing shift towards disinflation
Global disinflationary forces have continued to take hold across all economies, with goods inflation and service sector prices implying lower overall price pressures into the first half of 2025. The impact of Chinese deflation should also be kept to the fore. Below...
Mixed growth outlook for global economic landscape
US economic momentum has continued to ease but is still consistent with a soft landing, with the Q3 Atlanta Fed GDPNow projection at 3.2%. However, the Federal Reserve (Fed) has implied that the economy is now growing below potential, with Jay Powell (the Chair of the...
Outlook Post Trump Victory
The extent of the victory by former President Trump was not expected but financial markets have been discounting a Trump victory since the end of September. Some of the rise in US 10-year bond yields last month (from 3.79% to 4.28%) were a reflection of that trend....
ANDPAPERS Q4 2024 | The Fed underwrites a US soft landing
After a robust first half of the year, risk markets experienced heightened volatility in the third quarter. In part, this could have been due to the lingering disconnect between risk markets and economic growth trends in the West: markets are pricing in a soft...
Risks posed by holding cash as interest rates fall
For professional investors INTRODUCTION Inflation has weighed heavily on investment markets for a prolonged period. Central Banks have waged a war against inflation and victory appears imminent as we have seen the most recent inflation readings signalling inflation is...
London & Capital appoints Nicole Ralph as Executive Director
We are delighted to announce the appointment of Nicole Ralph as an Executive Director to our Private Wealth team. Nicole brings over 20 years of experience working with HNW US expats and their families. As a dual US/UK citizen, she has dedicated her career to helping...
The global outlook: inflation continues to trend downward
After a bumpy ride in the first half of 2024, with US inflation surprising marginally on the upside, the downward trend has resumed. The underlying disinflationary forces remain intact, with goods inflation and service sector prices implying lower overall price...
Economic outlook: US and Europe taking divergent paths
The US economic momentum has eased, but the data is consistent with a soft-landing. The labour market is gradually cooling, though monthly nonfarm payroll continue to defy expectations. However, the broader employment data and survey evidence suggest the Federal...
ANDPAPERS Q3 2024 | Cautious easing cycle begins
The first half of 2024 saw a gradual deceleration in economic growth across the western world. In the US, concerns about overheating (which had emerged towards the end of Q1) diminished, and hopes for a soft landing revived. In Europe, momentum remained positive as...
London & Capital Private Investment Office appoints James Barrie as Executive Director
We are delighted to announce the appointment of James Barrie as an Executive Director to our Private Investment Office team. James brings nearly a decade of experience working with Ultra High Net Worth (UHNW) individuals and families. Prior to joining London &...
London & Capital appoints Helen Butterfield as Executive Director
We are thrilled to announce the appointment of Helen Butterfield as an Executive Director to our Private Wealth team. With over two decades of experience catering to High Net Worth (HNW) and Ultra High Net Worth (UHNW) clients and families, Helen joins us from Coutts,...