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Polls apart: Navigating America’s divisive election

Last Updated: July 21, 2025

Elections challenge investors’ ability to maintain a calm, dispassionate view like nothing else, and no election exemplifies this better than America’s choice for its next President. When you cut through the fog of the emotive and partisan headlines, the broad features of the investing landscape look like they are here to stay as former President Donald Trump takes on Vice President Kamala Harris – both have embraced protectionism and an active government role in directing investment, and are tolerant of taking on more debt. Yet their two parties agree on little beyond these general principals.

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Growth vs value?

Last Updated: July 4, 2025

Global equity markets have been on an upward path more or less since their precipitous drop in March 2020, when the world first went into lockdown. Over the course of this nearly two-year advance, leadership has passed from one investment style to another. But rather than choosing broad styles like growth or value, we believe a more company-specific focus on the quality and durability of profits will continue to be the best guide for finding long-term returns as the world moves on towards a post-COVID normality.

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