Since I addressed Markets Summit 2022 back on 23 February, arguing “It’s time for a new investing playbook”, there has been a major repricing in financial assets. Rising wages and rents signal that an extended period of higher inflation lies ahead, and bond yields are starting to reflect this reality. However, the adjustment has further to run, and speculative growth stocks remain vulnerable. Quality stocks, emerging market debt and convertible bonds offer attractive opportunities when construction quality investor portfolios.

Presentation  (8 mins)

Podcast   (8 mins)