News & Insights

Where’s the long-term value in AI?

June 22, 2026

Time to Read: 2:46 mins

AI investment enthusiasm is rising, but returns will vary widely. Long-term value is more likely where practical, commercially viable use cases are already beginning to emerge, says Walter Scott’s George Dent.

Key points:

Walter Scott has more confidence in upstream beneficiaries of artificial intelligence (AI) than heavy capital-spending companies.
Evidence is growing that some companies can monetise AI, changing the overall outlook.
Many current AI applications may not become profitable or endure over time.
Finance and IT already show practical AI use cases with clear value.
Capital spending risks remain, but strong cash generation reduces the likelihood of broader systemic problems.

3468159 Exp: 25 September 2026

Article | Macroeconomic

Why may correlations turn positive?

Positive correlation between risk assets and government bonds breaks the roles these asset classes play within a portfolio. Here, we outline why correlations have risen, and how investors can seek to limit the impact on their portfolios.

Videos | Fixed Income

BNY Mellon Global Credit Fund Q2 2026 update

Watch a quarterly Fund update with April LaRusse: Head of Fixed Income Specialists at Insight Investment.

Chart of the Week | Macroeconomic

Fed friction?

Markets are navigating tensions between a Fed that offers less guidance and an inflation backdrop that remains sticky. Added uncertainty from Middle East tensions and energy-price swings is further shaping sentiment, with recent moves in Treasury yields suggesting the market wants the Fed to hike. However, with yield volatility expected to linger in the near term, we see today’s elevated Treasury yields as an especially compelling opportunity in fixed income.

Article | Retirement

Making bucketing work: avoiding the pitfalls

To be successful in the long run, buffer and bucketing structures used in UK retirement income portfolios need to be astutely implemented.