CIOInsights2Q25: Resilience Amid Tariffs

Embrace a portfolio approach

CIO Asset Allocation

Global • Featured

Asset Allocation 2Q25 – The Age of Disruption

Despite our near-term cautious view on the US, we continue to stay positive on US tech given secular growth tailwinds; seek opportunities in Europe equities and safe haven assets

Global • Featured

JGB Yield Surge – What It Means for Portfolios

Global • Featured

Market Pulse: Risk Reprieve

Global • Featured

Asset Allocation: The Imperative Call for Income Investing

Global • Featured

Asset Allocation: US Debt Downgrade – What’s Next?

Equity Strategy

United States • Featured

US Equities 2Q25 – Exceptionalism Challenged

A more defensive tilt necessary amid pursuit of "America First" agenda and policy chaos

Europe • Featured

Equity Strategy: Implications of US-Europe Tariff Escalation

Global • Featured

Europe Utilities: The Defensive Lynchpin

Asia ex-Japan • Featured

Asia ex-Japan 2Q25 – Navigating Trade Tariffs

Global • Featured

Equities Weekly: Cybersecurity – Sector Positioned for Structural Growth

Fixed Income Strategy

Developed Mkts • Featured

Global Rates 2Q25 – Rethinking US Exceptionalism

US growth worries erode the yield premium of US Treasuries over G3 peers while increased military expenditure and persistent inflation worries drive up German and Japanese yields respectively

Global • Featured

Credit Strategy: Emerging Concerns About a “Mar-a-Lago Accord”

Global • Featured

Credit Strategy | Soft-Landing Until Proven Otherwise

Global • Featured

Fixed Income Weekly | Market Relief After Trump's Inauguration May Be Short-Lived

Global • 5 Jun 2025

Fixed Income Weekly: Markets Turn Cautious Ahead of NFP as Rate Cut Bets Simmer

FX Strategy

Global • 4 Jun 2025

ECB meeting could be EUR-positive

ECB’s focus on EUR’s relative strength vs. USD.

Global • 3 Jun 2025

USD started June on a weak note

Global • 2 Jun 2025

USD faces summer heat

Global • 30 May 2025

USD falters again on increased risks for Trump’s agenda

Global • 28 May 2025

DXY remains soft below 100 despite relief rally

Alternatives

Global • Featured

Gold 2Q25 – A Glittering Haven

Structural bull market for gold as uncertainty under Trump 2.0 buoys short-term demand while de-dollarisation and higher global nominal GDP growth act as longer-term tailwinds

Global • Featured

Alternatives: Liquidity Brings New Bitcoin ATH

Global • Featured

Private Assets 2Q25 – Anchor in the Storm

Global • Featured

Alternatives - Private Assets | The Stability of Private Equity Amid Uncertainty

Global • Featured

Alternatives | Gold – Global Uncertainties Push Gold to New Highs

Commodities

Global • Featured

Commodities 2Q25 – Good Start to the Year

Commodities surprise with positive YTD flows and recover lost ground

Global • Featured

Global Oil & Gas: Dawn of New Era for US Shale Oil

Global • Featured

Commodities: A Closer Look at the Dynamics of Investing

Global • Featured

Commodities 1Q25 – Still Waiting

Global • Featured

Global Oil & Gas: Resurgence of US Upstream Players

Global Economics

Global • 6 Jun 2025

Elections, Easing, and Economic Realignments

Global • 30 May 2025

Global Recalibration under Tariff Pressure

Global • 23 May 2025

Tax Cuts and Trade Strains

Global • 16 May 2025

Growth Uneven as Trade Shifts

Research Updates

Asia ex-Japan • 10 Jun 2025

Advanced Info Service

Asia ex-Japan • 9 Jun 2025

Asia ex-Japan Equities

Asia ex-Japan • 9 Jun 2025

DFI Retail Group Holdings

Asia ex-Japan • 9 Jun 2025

China Telecom

United States • 9 Jun 2025

Lululemon Athletica Inc