MGTS Qualis Defensive: A Strong Start to 2026 as Volatility Returns
Data to 23 January 2026 Bond markets have started 2026 in a way that total return investors will recognise: income…
Data to 23 January 2026 Bond markets have started 2026 in a way that total return investors will recognise: income…
2025 was another reminder that defensive investing isn’t about avoiding risk altogether, it’s about choosing the right risks and…
Data to 23 January 2026 2026 has begun much as 2025 ended: markets outside the US have taken the lead,…
2025 was a strong year for global equities, but it was also a year when where you were invested…
3 March 2026
26 February 2026
This week, we are turning the spotlight onto GWA Asset Management (GWAAM), the team behind the MGTS Qualis Funds. Across…
Shona Robison’s final Scottish Budget for 2026/27 was delivered yesterday after a delay caused by the late UK Budget, marking a pivotal moment ahead of the May Holyrood elections and her departure from frontline politics. The Budget sets out tax, welfare, and public‑service plans that will shape Scotland’s political debate over the coming months.
We enter 2026 with US stocks dominating the global market while trading on expensive valuations. A small number of tech stocks account for a large portion of US returns and they are increasingly tied to the fortunes of the AI industry. These are certainly risks to be aware of.
Stocks had a small dip in November, before recovering back towards their previous highs. The longest US government shutdown in history had a negative effect, before coming to an abrupt end and allowing stocks to rally.
We welcome new colleagues, congratulate long service and achievements, and wish good luck to a retiring colleague.
Our Office opening hours during the festive period are as follows: