Article last updated 24 July 2025.
As ever, markets have continued to keep everyone on their toes.
It’s been an especially busy political front. The race for the White House is wide open after President Joe Biden stepped aside in favour of his Vice President Kamala Harris. While the UK looks like the epitome of political stability after Labour took power in a landslide.
Despite the upheaval, all the major central banks have started cutting interest rates once again, helping drive bond prices higher. Stocks have also been boosted, delivering double-digit returns year to date.
In these videos, our fund managers explain how they are making the most of the opportunities thrown up by events and trying to avoid some of the risks.
As always, these updates are designed to allow you to make informed decisions about the appropriateness of our funds for your clients and solutions. Enjoy.
Ben Johnson — Head of Regional Sales (UK)
