Ashburton Equity Commentary Q1 2026

Join our distribution expert Paula Day and our Head of Fixed Income Albert Botha as they reflect on the quarter, discuss portfolio performance and share...

The escalation of hostilities between the US and Israel towards Iran led to the closing of the Strait of Hormuz and a spike in energy prices in April....

Global markets staged a remarkable rebound in the second quarter of 2026, driven by resilient corporate earnings, particularly within Artificial...

South African equities have lagged global and emerging market equities this year. The lack of artificial intelligence (AI) related company exposure within...

The second quarter of 2026 extended the sharp repricing that began in March, as markets continued to adjust to a materially different inflation and policy...

Global equity markets returned 14.9% in the second quarter of 2026. Markets wrestled with the uncertainty of the Middle East conflict and very strong...

Global growth this year is projected to slow from 3.2% to 3% per annum. For South Africa, in contrast, growth was expected to accelerate slightly from 1%...

The first half of 2026 dampened the euphoria from the previous six months.

The volatility associated with global and local equity markets’ during the first quarter of 2026 was a healthy reminder of why an equity risk premium...

In March, the Portfolio returned -7.71% while the MSCI World Net Index returned -7.18%. For the first quarter (Q1), the Portfolio returned -12.01% versus...

The first quarter of 2026 will be remembered as one divided sharply in two. January and February offered precisely the environment that fixed income...

A series of extraordinary geopolitical developments unfolded at the start of January. Foremost among these was the capture of Venezuelan leader Nicols...

Global equity markets returned -3.2%in the first quarter of 2026. The year began with an escalation in geopolitical tensions between the US and Venezuela...

There are moments in markets when the prevailing narrative, carefully constructed, internally consistent, and broadly agreed upon, is suddenly rendered...