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23 June 2025

Anthony Willis

Senior Economist

Market perspectives: Will the resilience of financial markets be undone by escalating geopolitical risks?

Investors continue to closely follow events in the Middle East – most recently the US’s strikes on three Iranian nuclear sites.
19 June 2025

Asset Allocation update - June 2025

Financial markets continue to display confidence that the trade war remains on a de-escalating path, even as the deadline for ‘trade deals’ to be agreed with the US moves into focus.
18 June 2025

David Morgan

Head of US Investment Grade Credit Research

A bitter pill: what tariffs could mean for pharmaceutical firms and the wider healthcare industry

Although a drive to onshore manufacturing of pharmaceuticals is admirable, there could be some unintended consequences around price, availability and global relations.