Type: Insights

Global Listed Infrastructure: March Monthly Commentary

2 minutes read timeThe global listed infrastructure sector weakened over March as the war on Iran and the subsequent impact on global energy prices drove a ‘risk off’ attitude in markets. The benchmark index (FTSE Global Core Infrastructure 50/50 Index Net Tax CAD) returned -4.18%.

Emerging Markets: March Monthly Commentary

3 minutes read timeDuring the first quarter of 2026 the Strategy outperformed the MSCI Emerging Markets Index by 3.6%. Outperformance was driven by our exposure to Korea, as well as stock selection in China. The underweight to the Indian market, while reduced, has also continued to be a tailwind.

G10 Macro Rates: March Monthly Commentary

2 minutes read timeMarch 2026 net performance was negative -0.20%. Whilst a draw for the month is not what we aim for in an absolute return strategy, we can take heart that this was a month of extreme unpredictability after the sudden attack by Israel and the US on Iranian military and nuclear targets.

Emerging Markets Income: March Monthly Commentary

3 minutes read timeOver the month the fund returned -11.9% reflecting the conflict in the Middle East and the closure of the Straits of Hormuz. Given the significant gain year to date, South Korea was the largest detractor followed by South Africa.

Global Active Credit: March Monthly Commentary

2 minutes read timeMarch was dominated by the escalating US-Iran conflict, which sent shockwaves across global asset markets. The effective closure of the Strait of Hormuz drove Brent crude and natural gas up 63% and 59% respectively over the month.

Multi-Asset: March Monthly Commentary

< 1 minute read timeThe escalation of conflict in the Middle East and the effective closure of the Strait of Hormuz – a vital artery for the global oil supply – triggered heightened volatility across financial markets.

Multi-Asset: Market Update March 2026

3 minutes read timePerformance in Q1 followed two contrasting trajectories. The quarter began with equities extending their year-end rally through February, but this optimism was upended in March.

Multi-Asset: February Monthly Commentary

2 minutes read timeEquities extended their rally with major indices posting gains last month, though volatility remained elevated as markets contended with multiple headwinds.

Multi-Asset: Market Update February 2026

3 minutes read timeEquities continued their upward trajectory with major equity indices posting gains; however, volatility remained elevated as markets navigated several challenges last month.