August 2025: Portfolio Perspectives

This month’s long read explores the increasingly important role of currency strategy in multi-asset portfolios. While US equities have regained leadership and market sentiment has stabilised, shifting FX dynamics introduce new risks and opportunities. We examine the structural pressures building beneath the surface, the implications for portfolio construction, and how investors can best protect returns through thoughtful currency hedging, particularly in fixed income and equity allocations.

Read the August Portfolio Perspectives here.

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