Märkte und Analysen

The 3 aspects of quality

March 13, 2026

Lesezeit: 4:00 mins

Walter Scott identifies quality companies using three key factors. Client investment manager Murdo MacLean explains why each matters.

Key points:

Walter Scott’s quality lens focuses on sustainable earnings growth, high profitability, and strong balance sheets.
Earnings drive share prices, while durable, cycle-resistant growth can help deliver a smoother investor journey.
Balance sheet strength protects capital and reduces volatility in downturns.
2025 was tough for quality but historically it has outperformed over time – and today’s opportunity set looks attractive.

3142309 Exp: 8 Juni 2026

Chart of the week | Makroökonomisch

Dollar strength: what does it mean for markets?

Geopolitical tensions have lifted oil prices, sent U.S. stocks slightly lower and driven flows into the safety of the U.S. dollar, which has strengthened versus peers. While a weaker dollar previously supported international equity outperformance, dollar stabilization now suggests that tailwind is fading, underscoring the importance of diversification across regions and asset classes.

Artikel | Anleihen

Global Credit: 10 years of stability and consistency

The BNY Mellon Global Credit Fund celebrates 10 years. Adam Whiteley, head of global credit at Insight Investment, reflects on the Fund’s success, key active calls, the case for global credit today and future positioning.

Chart of the week | Makroökonomisch

Returns after oil spikes

The Strait of Hormuz, which moves about 20% of global oil, has seen many ships that normally travel through it curtail their activity. Consequently, WTI oil was up over 36% in the five days after the oil supply shock began. Yet equities barely budged, signaling a temporary supply shock, not a larger crisis. Historically, after similar price spikes equities tend to move higher while oil prices decline — further evidence for avoiding emotion-driven investing.