New Court

Global stocks were up nearly a fifth in 2024 – a second year of double digit returns, with the US and its tech juggernauts being the driving seat of a narrowly led market. However, the imminent return of President Trump, bolstered by a Republican sweep of Congress has caused uncertainty around the ‘MAGA’ agenda, and what the impact will be in the US and globally. In this podcast, CEO Helen Watson, is joined by Victor Balfour, Global Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, reflect upon our performance in 2024, and look ahead to 2025.

It has been a year of economic and political upheaval for investors, but what is the outlook for the market as we reach the final months of 2024? Stock market growth this year has been narrow while core inflation has remained stubbornly high, posing challenges for investors and policymakers alike. In this podcast, Client Adviser Sophie Kilvert, sitting in for Helen Watson, is joined by Victor Balfour, Global Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, to discuss recent market trends and the performance of some of our holdings.

The mid-point of the year is a good time to take stock of what has been an eventful few months. Global stock markets have enjoyed double-digit returns since January, but there are concerns that market performance is being driven by just a handful of companies. In this podcast, CEO Helen Watson, is joined by Kevin Gardiner, Global Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, to review the year so far. We also assess the outlook for the rest of 2024, as interest rates look likely to remain higher for longer, and take a closer look at some of our portfolio companies.

Markets have enjoyed a strong start to 2024, with global stocks up 8% so far this year. However, inflation remains above target in many major economies, putting pressure on central banks to delay interest rate cuts. In this podcast, CEO Helen Watson, is joined by Victor Balfour, Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, to assess the outlook for rates this year. Meanwhile, the business cycle has remained in relatively good shape, with growth continuing alongside disinflation. We examine how this backdrop has helped several of our holdings – both return assets and diversifiers – achieve a strong performance in the first quarter. Correction: at 06:25, we mistakenly say CKPC, when we mean CPKC.

Amid stubbornly high inflation, geopolitical tensions and gloomy sentiment, 2023 defied expectations and produced a strong year for investors. In this podcast, CEO Helen Watson, is joined by Victor Balfour, Investment Strategist, and Hugo Capel Cure, Co-Head of Portfolio Management, to discuss the remarkable returns from the ‘Magnificent Seven’ US tech stocks, the trajectory for interest rates and the outlook for investors in 2024.

Businesses across the world are looking to act in a more sustainable manner, and how they transport their goods has become a key consideration. In this podcast Sarah Ball is joined by Rorrie Mars to discuss the latest addition to our portfolio, Canadian Pacific Kansas City (CPKC). This is a railroad company operating across Canada, the United States and Mexico, which we believe is destined for growth as more companies look for sustainable transport solutions. Switching from road to rail can reduce emissions by 75%, and we believe CPKC has the business model, pricing power and leadership to succeed.

With post-pandemic revenge travel still a dominant trend and summer holidays on the horizon, Sarah Ball sits down with Ramesh Rajagopalan to discuss our holding in booking.com, the popular online travel agency. The global pandemic greatly affected the travel sector, but we believe booking.com maintains a competitive advantage and attractive prospects to increase earning power.