Global Active Credit: September Monthly Commentary
2 minutes read timeIn September, the Pacific Coolabah Global Active Credit Strategy (PCGA) returned +1.41% compared to the Bloomberg Global Aggregate Corporate Index which returned +1.17%.
Emerging Markets: September Monthly Commentary
2 minutes read timeDuring the third quarter, the strategy outperformed the MSCI Emerging Markets index by 3.1% even as the index rose by over 10% in US$ terms.
Multi-Asset: September Monthly Commentary
2 minutes read timeGlobal equities moved higher last month with most major indices delivering positive returns. This marked the end of another strong quarter for risk assets as enthusiasm around AI gained momentum, trade tensions eased, and the Federal Reserve’s first rate cut since December last year.
Multi-Asset: Market Update October 2025
3 minutes read timeGlobal equities moved higher last month, with most major indices making positive returns and US equities leading the way returning 4% (in sterling terms). This meant it was another strong quarter for risk assets as enthusiasm around AI gained momentum, trade tensions were eased, and we saw the Federal Reserve cut rates for the first time since December of last year.
Multi-Asset: August Monthly Commentary
2 minutes read timeGlobal equities continued their positive momentum through the summer, finishing broadly higher across major regions despite continued headline risks.
Global Active Credit: August Monthly Commentary
2 minutes read timeIn August, the PCGA Strategy returned +0.60% compared to the benchmark Bloomberg Global Aggregate Corporate Index, which returned +0.75%.
G10 Macro Rates: August Monthly Commentary
2 minutes read timeAugust net performance was positive at +0.30%. The dominant factor was the US Non-Farm Payrolls data at the beginning of the month. It contained negative revisions to the previous 2 months of 258k, meaning only 33k jobs growth over the period.
Emerging Markets: August Monthly Commentary
2 minutes read timeDuring August the strategy outperformed the MSCI Emerging Markets index by 1.7% in what was the eighth consecutive month of positive returns for the index this year.
Emerging Markets Income: August Monthly Commentary
2 minutes read timeIn August the fund gained 3.3% as markets continued to rally from their April lows. Performance has been broad-based but led by Taiwan, China and Brazil, with the consumer discretionary and information technology sectors contributing most at the sector level.
Multi-Asset: Market Update September 2025
3 minutes read timeDespite headline risks, global equities continued their positive momentum from the summer with equities broadly higher across major regions.