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2 minutes read time

Market performance in July was shaped by three main forces: renewed tension in the Middle East, a sharp rotation away from AI and semiconductor-related equities, and a more unsettled interest-rate backdrop following the US Federal Reserve meeting.

Doubts around the ...


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2 minutes read time

Pacific Asset Management (“Pacific”) today announces that it will become the strategic institutional partner to independent, boutique investment manager, Asset Value Investors (“AVI”), through the acquisition of 10...


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4 minutes read time

July was dominated by three interlocking themes: a re-escalation of hostilities in the Middle East that sent oil prices sharply higher, a reversal in technology stocks, and a Federal Reserve decision that unsettled bond markets.

Equities

Globa...


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3 minutes read time

During Q2 2026 the strategy outperformed the MSCI Emerging Markets index by 1.8%. The quarter was characterized by a strong equity recovery after a March correction in response to the war in Iran.

Key drivers of outperformance were technology stocks in Korea and Ta...


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2 minutes read time

Market commentary
The global listed infrastructure sector was stronger over June with the reference benchmark index (FTSE Global Core Infrastructure 50/50 Index Net Tax USD) returning 1.17% over the month. Global equities were softer as measured by M...


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