Chips: Moore spending
Middle East hostilities are intensifying; not one, but two maritime chokepoints are supposedly closed, and Brent crude has hit the psychologically threatening $100/bbl level once again.
Our approach
Sustainability has become an increasingly important consideration for investors. By integrating ESG criteria into our investment approach, we help clients align their investments with their long-term objectives and sustainability preferences.
1. Exclusion criteria
We exclude companies involved in controversial weapons, those in breach of the UN Global Compact principles, businesses engaged in thermal coal activities, and companies with significant ties to the tobacco industry.
2. Clear standards
We define and categorise sustainable investments based on the European Union’s Sustainable Finance Disclosure Regulation (SFDR). Setting clear metrics allows us to understand how our investments directly contribute to the environmental and social goals set out in the latest European ESG frameworks.
3. Securities selection
In addition to exclusion & SFDR criteria, we further select stocks, bonds and funds according to their ESG characteristics. Based on your sustainability preferences, we build a portfolio with varying ESG investment allocations.
4. Proxy voting
We also play a proactive role in the companies we invest in by exercising our shareholding rights. Voting on resolutions and management teams that encourage and promote sustainable practices allows us to take concrete, measurable action in line with environmental and social goals. To find out more you can read our proxy voting report.
You might be interested in
Politics on the beach
In business, competitors often converge on the middle to capture the largest share of demand. Yet in politics, the opposite seems to be happening. Across the US and Europe, parties are moving away from the centre, while populist movements continue to gain ground.
Monetary policy - behind the curtain
Interest rates in 2026 are heading in the opposite direction to what money markets thought. Rates are projected to rise in the US and UK, and have already risen at the ECB. At the start of the year, US and UK rates were seen falling and ECB rates staying put.
Five stock market talking points in 2026
It has been another eventful – and at times grim – year, but global equities have continued to climb the ‘wall of worry’, up by more than a tenth in dollar terms. Given we are approaching the 2026 halfway mark, we highlight five interesting stock market observations below.
The next UK Prime Minister
The UK political landscape appears even more difficult to navigate than at the start of the year: we are on the cusp of welcoming our fifth Prime Minister, in not quite as many years.
SpaceX: Infinity and beyond?
SpaceX is going public, and the excitement is palpable. If the vertically integrated space company achieves its targeted USD1.75 trillion valuation on Friday it will be the biggest initial public offering (IPO) in history.
Macro thoughts on the Swiss referendum
Switzerland’s emotive “No to 10 million” referendum on June 14 seems to be too close to call. We doubt it will be a game-changer economically.
Another debt ratio observation
CBO long-term US debt projections have improved since 2021 due to small assumption changes, highlighting forecast sensitivity, while rising bond yields reflect inflation and interest rate dynamics, not fiscal concerns.