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Q3 2026 global update: what's moving beneath the surface

On the face of it, Q3 2026 looked uneventful — market returns were relatively muted, and the headlines stayed fixed on bond yields, interest rates, and energy prices. But as Walter Scott's latest global update explains, there was plenty of movement beneath the surface.


In this video Walter Scott argues that beneath muted headline returns, the long-term case for quality investing remains intact and, if anything, is getting stronger as quality premiums narrow.

Staying invested: After the worst day, the best day may come quickly

The S&P 500’s worst day and the best day that followed have something in common: you can’t predict either one. The table below underscores the risk of stepping out of the market during periods of heightened volatility. While selling after a sharp decline may feel like a way to avoid further losses, some of the market’s biggest gains have historically occurred soon after its biggest drops. For example, in 2020 and 2025, the S&P 500’s best day after the year’s worst came just six and three trading days later, respectively.

21 October | English

Seeking out AI’s next winners

Artificial intelligence (AI) is driving one of the largest investment cycles in decades. The companies building the infrastructure that underpins AI – from semiconductors and manufacturing equipment to cloud platforms and data centers – are attracting significant attention as organizations invest heavily to develop and deploy the technology.

19 October | English

Global infrastructure in focus: Real assets built to grow with inflation

Persistent inflation and rising infrastructure demand are reshaping portfolios. We explore how global infrastructure may support income, diversification and long-term growth.

30 September | English

Don’t sleep on value: Potential opportunities amid sticky inflation

Value equities have historically shown resiliency during higher inflationary periods versus their growth counterparts. With inflation remaining elevated, we believe that value opportunities continue to be a compelling option for portfolio diversification and potential stability.

21 September | English