Global markets were increasingly driven by political developments, especially Japan’s election stimulus, UK political instability, and China’s Treasury positioning, while resilient economic growth and AI-led equity strength supported overall market performance. Download PDF
Global financial markets began 2026 with broadly constructive sentiment, as risk assets advanced while investors remained attentive to macroeconomic and geopolitical crosscurrents. Equities posted solid gains, supported by improving risk appetite, a weaker US dollar, and strength in select technology-linked segments, which contributed to notable outperformance in several non-US developed and emerging
Here is the NDL Fund Insight for February 2026. Download PDF
Geopolitical risk, driven primarily by shifting US trade and security policy, has become the dominant force shaping global markets, alliances, and economic decisions across regions. Download PDF
The new year brought little in the way of new order as on 3rd January President Trump launched US strikes in Venezuela that culminated in the capture of Nicolás Maduro and the abrupt disruption of the Bolivarian leadership. At the time this was huge news, albeit not very impactful on
Geopolitical risk, driven primarily by shifting US trade and security policy, has become the dominant force shaping global markets, alliances, and economic decisions across regions. Download PDF
Geopolitical risk, driven primarily by shifting US trade and security policy, has become the dominant force shaping global markets, alliances, and economic decisions across regions. Download PDF
Following one of the sharpest two-day falls on record triggered by President Trump’s ‘Liberation Day’ tariff shock in early April, which left the S&P 500 index down by over 15% from the beginning of 2025, few would have predicted that by year end the bull market that began in October
Global markets were rattled by escalating US tariff threats, political pressure on central banks, and rising geopolitical tensions, offset partly by resilient Chinese markets and strong UK gilt performance, as investors rotated defensively amid elections, sanctions, and strained transatlantic relations. Download PDF