Volatility, rotation and keeping perspective

Pie Funds’ founder and Chief Investment Officer Mike Taylor explains why February’s market rotation is a reminder that sentiment can shift quickly – but fundamentals rarely move as fast as prices.

A complicated start to March

By the time you’re reading this it’s mid-late March and the world looks even more complicated than it did at the end of February.

A war has erupted in the Middle East. Oil prices have swung sharply as markets try to assess whether […]

InvestNow Market Wrap-Up: Special Edition 2025 Review & 2026 Outlook

Welcoming Kady Buchanan, Head of Intermediary Clients at Milford, as this month’s guest author of the InvestNow Market Wrap-Up.

Looking Back at 2025 and How Markets Are Taking Shape in 2026

2025 felt fast, noisy, and occasionally disorienting. It was a year in which trends moved at the speed of social media, geopolitical developments and policy decisions shaped headlines for weeks at a time, […]

InvestNow Market Wrap-Up: October 2025

Welcoming Mark Donnell, Director at Lighthouse Funds, as this month’s guest author of the InvestNow Market Wrap-Up.

Climbing The Wall of Worry

Through October it seemed like nearly every financial news site ran at least one story asking whether US equity markets are in a bubble – more specifically an AI bubble – and whether that might mean markets are too frothy and might be at risk of a […]

InvestNow Market Wrap-Up: September 2025

Welcoming Tom Deacon, Assistant Portfolio Manager at Mint, as this month’s guest author of the InvestNow Market Wrap-Up.

Rates Divergence, Parabolic AI, and U.S. Policy

Markets Snapshot

September was a mixed month for global markets. U.S. equities extended their run with the S&P 500 up ~3.6% as investors saw a relatively robust economy supported by dominant AI. Europe gained modestly, while Japan and emerging markets paused after strong prior months. Australia went the other way – the S&P/ASX 200 fell […]

InvestNow Market Wrap-Up: August 2025

Welcoming back Greg Smith, Investment Specialist, at Generate, as this month’s guest author of the InvestNow Market Wrap-Up.

Up in the clouds

Global equities rose strongly in August, led by the US markets. The S&P 500 gained 1.9% and the Nasdaq 1.6%, both reaching record highs (and pushing further into blue sky territory in September). Optimism was driven by a robust US earnings season, upbeat guidance, and ongoing enthusiasm for […]

InvestNow Market Wrap-Up: July 2025

Welcoming back Greg Fleming, Head of Global Diversified Funds at SALT Funds Management, as this month’s guest author of the InvestNow Market Wrap-Up.

“Hotter than July?” 

The second half of 2025 got underway with a remarkable degree of unconcern, considering the continuing lack of clarity on many crucial global economic and market influences. In equity markets, which had recovered in the June quarter after the extremely volatile start to the year, the tone was not so […]

InvestNow Market Wrap-Up: June 2025

Introducing Tim Chesterfield, Director & Portfolio Manager (Castle Point) and CIO (PG Group), this month’s guest author of the InvestNow Market Wrap-Up.

The global economy continues to wrestle with significant headline challenges that include geopolitical tensions, trade disruptions, and fiscal sustainability concerns. However, despite these headwinds, cautious optimism remains, with a mid-cycle slowdown rather than a full-blown recession being the consensus. Central banks worldwide are ready to respond to economic malaise and, perhaps, shocks with […]

InvestNow Market Wrap-Up: May 2025

Introducing Mugunthan Siva, Co-Founder & CIO at India Avenue, this month’s guest author of the InvestNow Market Wrap-Up.

Indian Equity Markets in May & Outlook for 2025

The month of May 2025 was an eventful month for Indian equity markets, marked by increasing foreign investor interest and specific sectoral trends playing out in the face of geopolitical events and policy changes. Of note, was a steep fall on May 9th as the India-Pakistan conflict appeared to […]

InvestNow Market Wrap-Up: April 2025

Introducing Padraig Brown, Chief Investment Officer at Mercer (N.Z.) Limited (Mercer), this month’s guest author of the InvestNow Market Wrap-Up.

Introduction

The start of 2025 has been marked by considerable economic, geopolitical, and market instability in the United States. A combination of slowing economic indicators, escalating global tensions, and rising policy uncertainty has led to a reversal of the equity strength seen following Trump’s election win. This has resulted in heightened market volatility, declining US Treasury […]

InvestNow Market Wrap-Up: March 2025

Introducing Stuart Millar, Chief Investment Officer at Smartshares Ltd (Smart), this month’s guest author of the InvestNow Market Wrap-Up.

Before we dive into the March 2025 Market Wrap Up, we just wanted to acknowledge the significant market volatility we have seen so far in early April, which has certainly tested investors’ resolve with global markets experiencing their sharpest decline since the pandemic era.

A sudden escalation in global trade tensions—headlined by sweeping U.S. tariffs—triggered the sharpest […]