The ASEAN Advantage

A deep dive into the new tigers of Asia

CIO Asset Allocation

Global • Featured

Asset Allocation 2Q25 – The Age of Disruption

Despite our near-term cautious view on the US, we continue to stay positive on US tech given secular growth tailwinds; seek opportunities in Europe equities and safe haven assets

Global • Featured

Asset Allocation: Navigating Trump’s Beautiful Trade War

Global • Featured

Multi-Asset Weekly: Global Markets Split Amid Tariff and Trade Tensions

Mainland China • Featured

Equity Strategy: Innovating the Future - China's Technological Trajectory (Part 1)

Global • Featured

Asset Allocation: Cross-Asset Strategies for Market Sell-down on Growth & Policy Fears

Equity Strategy

United States • Featured

US Equities 2Q25 – Exceptionalism Challenged

A more defensive tilt necessary amid pursuit of "America First" agenda and policy chaos

Global • Featured

Equity Strategy | Too Early to Call DeepSeek Victory

Global • Featured

Global AI Agents: Prefer Global SaaS and Chinese Hyperscalers

Asia ex-Japan • Featured

Asia ex-Japan 2Q25 – Navigating Trade Tariffs

Global • Featured

Equities Weekly: Global Tech – Navigating Regulatory Headwinds with Strategic Resilience

Fixed Income Strategy

Developed Mkts • Featured

Global Rates 2Q25 – Rethinking US Exceptionalism

US growth worries erode the yield premium of US Treasuries over G3 peers while increased military expenditure and persistent inflation worries drive up German and Japanese yields respectively

Global • Featured

Credit Strategy: Emerging Concerns About a “Mar-a-Lago Accord”

Global • Featured

Credit Strategy | Soft-Landing Until Proven Otherwise

Global • Featured

Fixed Income Weekly | Market Relief After Trump's Inauguration May Be Short-Lived

Mainland China • 25 Apr 2025

CNY rates: Flattening to ease

FX Strategy

Global • 25 Apr 2025

Relief rally continues amid lingering uncertainty

Trump’s “market-friendly” gestures will be short-lived.

Global • 24 Apr 2025

USD/CHF recovery faces headwinds from Trump’s policies blunting SNB’s efforts

Global • 23 Apr 2025

The USD’s relief rally masks a tug-of-war ahead

Global • 22 Apr 2025

The USD is hurting on the inside

Global • 21 Apr 2025

USD weakness in focus this week

Alternatives

Global • Featured

Gold 2Q25 – A Glittering Haven

Structural bull market for gold as uncertainty under Trump 2.0 buoys short-term demand while de-dollarisation and higher global nominal GDP growth act as longer-term tailwinds

Global • Featured

Private Assets 2Q25 – Anchor in the Storm

Global • Featured

Alternatives - Private Assets | The Stability of Private Equity Amid Uncertainty

Global • Featured

Alternatives | Gold – Global Uncertainties Push Gold to New Highs

Global • 28 Feb 2025

Alternatives | Fate of Digital Gold in the Hands of Physical Gold

Commodities

Global • Featured

Commodities 2Q25 – Good Start to the Year

Commodities surprise with positive YTD flows and recover lost ground

Global • Featured

Global Oil & Gas: Dawn of New Era for US Shale Oil

Global • Featured

Commodities: A Closer Look at the Dynamics of Investing

Global • Featured

Commodities 1Q25 – Still Waiting

Global • Featured

Global Oil & Gas: Resurgence of US Upstream Players

Global Economics

Global • 25 Apr 2025

Tariffs, Talks, and Transitions

Global • 11 Apr 2025

Tariff Relief For All But China

Global • 4 Apr 2025

Tariff Shock

Global • 28 Mar 2025

Tariff Pains

Research Updates

Asia ex-Japan • 25 Apr 2025

HSBC Holdings

Asia ex-Japan • 25 Apr 2025

Bank of Communications

Europe • 25 Apr 2025

Novo Nordisk A/S

Asia ex-Japan • 25 Apr 2025

PetroChina Co Ltd

United States • 24 Apr 2025

Apple