Outlook 2025

The first half of 2025 has not been dull. Few expected the policy uncertainty that we have experienced in that time – and markets certainly didn’t. Can we draw any conclusions and how do we position ourselves into the second half of 2025 and beyond?

Piers Hillier Chief Investment Officer

Revisiting certain uncertainty

CIO PERSPECTIVE

Piers Hillier, Chief Investment Officer, asks what we can expect in the second half of the year and how to handle market volatility.

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Volatility isn't new, it's normal

EQUITIES

Mike Fox, Head of Equities, looks at the lessons we can learn from previous periods of volatility and where his focus is going into the rest of 2025 and beyond.

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Investing With Eyes Wide Open

MULTI ASSET

Trevor Greetham, Head of Multi Asset, discusses the recent market turbulence in the aftermath of Liberation Day and how best to navigate choppy markets going forwards.

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What’s all the fuss about: long-term investors can take a long-term view

FIXED INCOME

Will Nicoll, Head of Fixed Income and Private Assets' looks at volatility in bond markets and the opportunities this could present.

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Revisiting certain uncertainty

2025 mid-year outlook

Revisiting certain uncertainty

Volatility isn't new, it's normal

Investing With Eyes Wide Open

What’s all the fuss about: long-term investors can take a long-term view