Transition investing
Investment opportunities in the shift to a low-carbon economy. This portal brings clarity to transition investing - offering specialist knowledge, expert views and real-world stories of transition in action.
Global
Insights
Market and portfolio insights, webinars & events curated from across our investment teams to help you steer through changing investment landscapes.
Hidden GEMS
Resilience and divergence: emerging markets are forging ahead in a new era for investors
As war in the Middle East adds to a series of global supply shocks, emerging markets are showing growing resilience in an increasingly multipolar world.
7 minutes
27 May 2026
Global Natural Resources
Preparing for regime change: the role of natural resources equities
Natural resources equities can mitigate vulnerability to equity market-regime shifts. The asset class has distinct performance drivers that may complement existing equity allocations.
8 minutes
22 May 2026
From the income desk
Making sense of recent market moves
Amid a volatile geopolitical backdrop, risks relating to the US private market and AI disruption have driven big moves in credit markets this year. Co-head of Developed Market Credit, Justin Jewell, and Investment Director, Jared Cook, discuss these themes and consider how credit investors can navigate them.
7 minutes
19 May 2026
Deliberating EM debt
Global Frontier Debt: understanding – and navigating – an increasingly relevant asset class
Frontier markets are increasingly relevant for today’s portfolios, but expertise and conviction are vital for successful investment outcomes.
5 minutes
15 May 2026
Notes from the road
Visible champions and invisible leaders
A research trip to China has reinforced that the energy transition and intelligent economy are accelerating – and investable
6 minutes
15 May 2026
EMD Indicator
Emerging Market Debt Indicator – April 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
14 minutes
15 May 2026
Sustainable Equity
Why there’s a HALO over decarbonisation companies
The decarbonisation investment universe is well-stocked with ‘heavy-asset, low-obsolescence’ companies that are well-placed to benefit from an investment supercycle.
6 minutes
15 May 2026
Global Natural Resources
Natural resources equities vs. commodities: understanding the structural advantages of equity exposure
Investors typically access natural resources through either commodities or equities, but the outcomes can look very different over time. This paper explores why natural resources equities have historically provided a broader and more resilient source of returns.
5 minutes
13 May 2026
Market review
April in review
Financial markets surged in April, defying geopolitical tensions. Global equities delivered their strongest gain since late 2020, led by technology and AI-linked stocks, even as the US-Iran conflict kept oil prices elevated and complicated the inflation outlook. Government bonds weakened as higher energy prices pushed out rate cut expectations, while credit markets performed well in the risk-on environment. Commodities were mixed: industrial metals advanced, oil was volatile, and gold was flat. Investor sentiment improved as markets looked past near-term risks and focused on resilient earnings and structural growth themes.
8 minutes
11 May 2026
Multi-Asset
Capital Market Assumptions - April 2026
Ninety One’s Capital Market Assumptions framework focuses on the key drivers of long-term performance. We do this to better understand possible future returns, enriching discussions with our clients.
20 minutes
08 May 2026
Credit Chronicle
Credit Chronicle: Q1 2026
Our credit experts review how credit markets fared in the first quarter of the year and share the latest scorecards for the global credit universe.
10 minutes
06 May 2026
Sustainable Equity
Long power, short chips – China’s electrostate advantage
Following recent research trips, the Ninety One Global Environment team report back from the world’s first ‘electro-state’.
5 minutes
30 Apr 2026
Macro insights
Multi-Asset Strategy Quarterly – April 2026
Ninety One's multi-asset growth team provides insights into the macroeconomic environment that informs our investment outlook for the coming quarter. This includes concise summaries of our asset class views.
5 minutes
30 Apr 2026
Emerging markets
Boots on the ground: a different perspective on the IMF Spring Meetings
Three members of our EM Debt team went to Washington, DC – we asked them to share their highlights and pointers for investors, including a behind-the-scenes perspective on this important annual event.
10 minutes
29 Apr 2026
Picture this
Picture this: in today’s credit markets, the real risks lurk in the shadows
Recent news headlines have driven up scrutiny of private credit market risks and sparked a sell-off in mainstream public credit markets. But market moves mask a divergent picture of risk exposure. Our Multi Asset Credit team explains how credit investors can navigate the risks and take advantage of attractive valuations.
5 minutes
28 Apr 2026
Emerging perspectives
Private debt: hidden strengths in emerging markets
Pressure is building in US private debt as weaker underwriting standards, rising defaults and AI-disruption risks combine to create a perfect storm. In contrast, investors in emerging markets can access asset-heavy borrowers, in deal structures that offer higher senior-secured yields and stronger protections.
18 minutes
21 Apr 2026
Hidden GEMS
Hidden GEMs: Why the oil shock could accelerate the energy transition
Oil shocks don’t just disrupt, they accelerate change. Higher prices and energy insecurity are fast-tracking the shift to electrification and clean technology, led by emerging markets.
5 minutes
21 Apr 2026
Multi-Asset Credit
Credit investing in a higher-risk private market regime
Concerns around risk in private markets have prompted a reassessment of the asset class and driven a sell-off across developed credit markets. Yet significant differences in underlying risk mean active investors can find shelter, quality and value in the broader public credit market.
5 minutes
21 Apr 2026
EMD Indicator
Emerging Market Debt Indicator – March 2026
Reflections on developments across the EM Debt investment universe in March, and the EM Debt team's latest outlook and positioning.
14 minutes
15 Apr 2026
Market review
Q1 in review
Global markets took a decisive turn in the first quarter (Q1) of 2026, as early optimism gave way to a geopolitical shock. A strong start to the year was derailed by escalating conflict in the Middle East, triggering a sharp surge in oil prices, reigniting inflation concerns and forcing a rapid re-pricing of interest rate expectations. The result was a broad-based risk-off move across global markets, with macroeconomic factors reasserting themselves as the primary drivers of market performance.
13 minutes
14 Apr 2026
Investment Institute
The end of easy globalisation
Easy globalisation is over: multipolarity, bottlenecks and public dissatisfaction are reshaping the world. For investors, that means old assumptions are less reliable and resilience matters more.
14 Apr 2026
Deliberating EM debt
Emerging market debt: unlocking the full potential
Shifting asset class behaviour is forcing a rethink of allocation approaches and fuelling demand for greater diversification. In this context, emerging market debt is highly relevant, but implementation is key.
6 minutes
10 Apr 2026
Natural resources
The new commodity order: geopolitics, AI and the scramble for resources
A new commodity order is taking shape, defined by geopolitical fragmentation, electrification, supply constraints, regionalisation of energy and materials markets, and a re-ordering of global supply chains.
6 minutes
09 Apr 2026
Deliberating EM debt
EM debt: the evolution of an asset class
EM debt has become an important component of the global debt market. The transformation has resulted in robust credit quality across a highly diverse opportunity set that’s ripe with alpha-capture potential.
9 minutes
08 Apr 2026
Macroscope
Is the Iran crisis an early 2020 moment for markets?
War in the Middle East and the disruption of energy flows through the Strait of Hormuz has potentially introduced a stagflationary shock at a time when markets were positioned for a goldilocks or reflationary backdrop. There are three parallels to the early 2020 dynamic that investors should note, according to Sahil Mahtani, Director, Investment Institute.
6 minutes
26 Mar 2026
Global Natural Resources
The physical reality of an oil shock
The closure of the Strait of Hormuz has triggered a severe global oil supply shock, leaving the market with a deficit that available alternatives cannot meaningfully offset. While prices have yet to fully reflect the strain, tightening inventories and disrupted flows point to higher near-term volatility and a lasting shift in the oil price outlook.
4 minutes
24 Mar 2026
EMD Indicator
Emerging Market Debt Indicator – February 2026
Reflections on developments across the EM Debt investment universe in February, with an update on portfolio positioning in the context of the current conflict in the Middle East.
14 minutes
12 Mar 2026
Emerging markets
Reassessing emerging market equity allocations
Market conditions appear to be shifting in favour of emerging market equities. We explore how to structure an allocation to achieve broad exposure to the return-potential of the asset class while managing risks.
18 minutes
10 Mar 2026
Global Natural Resources
Oil shock: when geopolitics shuts the taps
Oil markets have reacted sharply to the effective closure of the Strait of Hormuz. Paul Gooden, Head of Global Natural Resources at Ninety One, explains why the disruption is reverberating through oil and gas markets, how supply constraints are pushing prices higher, and what it could mean for energy markets in the weeks and months ahead.
4 minutes
10 Mar 2026
Market review
February in review
Financial markets were broadly positive in February. US Treasury yields declined and global equities posted gains on resilient economic data. However, technology stocks had a weaker month, selling off amid concerns about potential disruption from AI. Commodities were again strong: precious metals continued to rally, while oil prices rose, partly on fears of escalating conflict in the Middle East. US-Israeli strikes on Iran took place on the final day of the month after most financial markets had closed. Meanwhile, the US Supreme Court struck down some of the tariffs imposed last year, although new levies were soon introduced via an alternative legal route.
13 minutes
06 Mar 2026
Investment Institute
War in the Gulf
War in the Middle East has brought one of the market’s long-standing geopolitical fault lines into sharp focus, particularly the risk of disruption in the Strait of Hormuz. Against an already fragile backdrop, the key question is whether this episode remains contained or escalates into a shock with global economic consequences.
5 minutes
02 Mar 2026
Global Equity
Global Equity: A resurgence of core
Global equities are entering a new regime that looks very different from the last decade. As market leadership broadens and rotations accelerate, investors are reassessing the role of core within portfolios.
8 minutes
25 Feb 2026
From the income desk
A different perspective on high-yield markets
Reflecting on recent developments in the high-yield corporate debt market, Ellie Clapton and Darpan Harar provide pointers on how to identify the most attractive investment opportunities.
7 minutes
24 Feb 2026
EMD Indicator
Emerging Market Debt Indicator – January 2026
Our EM Debt team shares its latest outlook and positioning across the investment universe.
14 minutes
16 Feb 2026
China
A steadier stride: investing in a changed China in the Year of the Horse
As China moves from the Year of the Snake into the Year of the Horse, the next animal in the 12-year Chinese zodiac cycle, investors are asking whether the horse’s association with strength and dynamism will be reflected in how China’s markets are positioned to perform.
12 minutes
11 Feb 2026
Deliberating EM Equities
Why it pays to be active in EM equities
Capital is returning to emerging market equities. This paper sets out why the investment approach matters and why active strategies have been rewarded in emerging markets.
11 minutes
06 Feb 2026
Market review
January in review
A noisy month in geopolitics drove up market volatility, but global equities made gains – helped by signs of strength in the global economy. US dollar weakness and inflows from investors seeking diversification boosted emerging market (EM) assets. In fixed income, softer inflation data supported European bonds, but political uncertainty jostled Japan's yield curve. Commodities made a strong start to the year.
13 minutes
05 Feb 2026
Macroscope
Why a Fed reset doesn’t change the bigger picture for US assets
A credible Fed nominee may soothe ‘Irritable Powell Syndrome’, but it doesn’t alter the structural forces driving global diversification, according to Sahil Mahtani, Investment Institute Director.
5 minutes
05 Feb 2026
Credit Chronicle
Credit Chronicle: Q4 2025
Our credit experts review how credit markets fared in the fourth quarter of the year and share the latest scorecards for the global credit universe.
3 minutes
04 Feb 2026
Macro insights
Multi-Asset Strategy Quarterly – January 2026
Ninety One's multi-asset growth team provides insights into the macroeconomic environment that informs our investment outlook for the coming quarter. This includes concise summaries of our asset class views.
5 minutes
30 Jan 2026
Investment Institute
Podcast | Energy, geopolitics, and markets: reflections from Miami
Sahil Mahtani, Director of Ninety One’s Investment Institute, and Paul Gooden, Portfolio Manager for Global Natural Resources, discuss Venezuela and broader energy themes following the Goldman Sachs Global Energy Conference in Miami.
14 Jan 2026
Hidden GEMS
Hidden GEMs: An EM debt investor’s navigation guide to 2026
After a year that pushed emerging market (EM) debt further into the mainstream, opportunities to capture alpha persist across regions and instruments.
8 minutes
14 Jan 2026
Market review
Q4 in review
Risk assets capped a strong year with gains in Q4. Equities rose, while credit and emerging markets fixed income also delivered healthy returns. Oil lagged, but other commodities finished on a high, with precious metals extending their advance. The US Federal Reserve cut interest rates twice during the quarter, but officials made it clear that the bar for further easing is rising.
14 minutes
13 Jan 2026
EMD Indicator
Emerging Market Debt Indicator – December 2025
Our EM Debt team shares its latest outlook and positioning across the investment universe.
14 minutes
13 Jan 2026
2026 Investment Views
2026 Investment Views
After a disorienting 12 months, investors need to recalibrate their perceptions of risk – a ‘Goldilocks’ macro environment is likely to prevail in 2026. But while conditions appear ‘just right’, thoughtful positioning is required within each asset class.
12 Jan 2026
Investment Institute
Podcast | Venezuela: on the ground in Caracas with International Crisis Group
Sahil Mahtani, Director of Ninety One’s Investment Institute, and Nicolas Jaquier, EM Fixed Income Portfolio Manager, are joined by Phil Gunson, Senior Analyst at the International Crisis Group, who is based in Caracas for an on-the-ground perspective on the rapidly evolving situation in Venezuela.
12 Jan 2026
Emerging Markets Corporate Debt
From the Middle East to Latin America, opportunities abound
Some areas of this increasingly mature asset class look expensive today. But a bottom-up perspective reveals plenty of opportunities across the globe, with enduring inefficiencies creating compelling value for investors.
5 minutes
12 Jan 2026
All China Equity
Navigating the Year of the Horse
There are plenty of catalysts for Chinese equities in 2026, with the latest Five-Year Plan likely to be the centre of attention. We believe that there are abundant opportunities in the Chinese equity market, which still trades at a notable discount to developed markets.
4 minutes
12 Jan 2026
2026 EM outlook
Nearer the start of a multi-year cycle
Emerging markets outperformance tends to happen in multi-year cycles. The question for 2026 is whether we are closer to the end or the beginning of this EM cycle. There is strong evidence that it is the latter.
18 minutes
12 Jan 2026
Emerging Market Sovereign Debt
Market mispricing persists amid rising resilience
Increasingly relevant and in focus, EM debt has entered a more resilient and mature phase. But market inefficiencies continue to provide ample opportunity.
6 minutes
12 Jan 2026
European Equity
Europe is finally positioned for growth
For the first time in years, Europe can position itself as not just looking cheap, but investable. With more reforms than we have seen in decades and bolder political decision-making, Europe now has a clear line of sight to accelerating GDP and earnings growth into 2026 and beyond.
4 minutes
12 Jan 2026
European Secured Lending
A less-crowded market moving into focus
Demand for capital is rising among Europe’s mid-sized companies, creating an ample pipeline of deals across a range of sectors. Supportive structural tailwinds remain strong, offering investors a compelling risk/return profile in this increasingly in-focus corner of the private credit market.
4 minutes
12 Jan 2026
Global Equity
Maintain a laser focus on stock selection in a broadening market
2025 was a year marked by substantial volatility on an ultimately upward trend. We expect the sharp divergence across winners and losers to continue, and this lends itself to a disciplined approach to portfolio construction, driven by a laser focus on stock selection.
4 minutes
12 Jan 2026
2026 Global outlook
Goldilocks prevails: investing in 2026
After a disorienting 12 months, investors need to recalibrate their perceptions of risk – a ‘Goldilocks’ macro environment is likely to prevail in 2026. But while conditions appear ‘just right’, thoughtful positioning is required within each asset class.
20 minutes
12 Jan 2026
Global Managed Income
Defence remains key
2026 opens with uneven growth, elevated debt and valuations that leave little margin for error. Resilience and precision in positioning will matter more than ever.
6 minutes
12 Jan 2026
Natural resources
Gold and copper remain supported; oil and grains could recover
After glittering performances in 2025, gold and copper still look well supported. Meanwhile, following a trickier 12 months, the tide could be turning for oil and select agricultural commodities as substantial supply shows signs of moderating.
4 minutes
12 Jan 2026
Global Franchise
Beware the crowded trade
The current market has rewarded momentum and penalised discipline. If investors turn their attention to the rising concentration and valuation risks present in the market and the AI theme becomes less dominant, we expect the defensive quality attributes of select stocks to come back into favour.
6 minutes
12 Jan 2026
International Franchise
Fundamental strength should be rewarded in 2026
International equities had an excellent year in 2025, although we view the dynamics as cyclical rather than structural, with the balance of risks increasingly poised to shift back in favour of fundamental return drivers. Should cyclical drivers of returns recalibrate in 2026, fundamental strength, rooted in resilient Quality attributes, should come back in favour.
6 minutes
12 Jan 2026
Global Environment
Investing in an evolving energy transition
Emerging markets have become the new growth engine of the transition, with Chinese exports of clean technologies allowing countries to electrify and industrialise more cleanly and cheaply than ever before. Meanwhile in developed markets, AI and electrification are driving up power demand at a rate not seen in decades – fuelling demand for renewable energy and efficiency solutions across industries.
5 minutes
12 Jan 2026
UK Equity Income
An attractive alternative to the concentrated trade
The UK equity market had a resurgent 2025, but it’s unclear where leadership will lie this year. Quality and Value may have had differing return profiles in 2025, but we firmly believe they are complementary active approaches to investing within the UK. With differentiated drivers of potential return, they can add significant diversification benefits to investors’ portfolios.
6 minutes
12 Jan 2026
Emerging Markets Equity
A once-in-a-generation opportunity
While US mega caps continue to dominate the conversation, there are select companies in Asia and other emerging markets that have quietly become indispensable players in the global AI value chain. We believe that the ‘Secret Seven’ could help drive another positive year in emerging market equities.
4 minutes
12 Jan 2026
EM Alternative Credit
An abundance of untapped opportunities
Structural growth drivers remain strong in this increasingly relevant – and in focus – part of the global private credit market. In addition, developments in the renewable energy sector and AI are giving rise to a new cohort of investment opportunities. The deal pipeline continues to expand across the EM universe.
5 minutes
12 Jan 2026
Global Credit Income
Build up your core strength and stay flexible
The world’s largest credit markets are likely to face challenges this year, and the environment favours careful, bottom-up investing across a wide investment universe. Investors should combine core portfolio strength with the flexibility to pivot to attractive opportunities as they arise.
2 minutes
12 Jan 2026
Investment Institute
Venezuela: scenarios and market implications
Maduro’s exit raises the chance of change, but power is likely to remain with the security state as the US opts for pressure and negotiation over regime overhaul. Markets appear ahead of reality, with any improvement in oil and debt outcomes likely to be slow and uneven.
5 minutes
07 Jan 2026
Africa Fixed Income Opportunities
Africa rising: the next frontier in fixed income
Thanks to favourable growth and demographic trends, Africa’s role on the global economic stage is rising. The region’s fixed income markets have much to offer investors: double-digit yields; strong return drivers; powerful diversification benefits, to name just three. This is a new frontier that is well worth exploring.
6 minutes
12 Dec 2025
4Factor
25 years of 4Factor investing
The 4Factor story is one of continuous learning. Over a quarter-century, the team has evolved its tools, sharpened its thinking and deepened its discipline. Explore how this philosophy positions 4Factor to meet the demands of the next 25 years.
15 minutes
12 Dec 2025
International Franchise
Alcon & Siemens Healthineers – Precision Vision vs. Precision Medicine
Where vision meets velocity – International Franchise Portfolio Manager Elias Erickson looks at how platform engineering is rewriting the rules of clinical care.
5 minutes
11 Dec 2025
EMD Indicator
Emerging Market Debt Indicator – November 2025
Our EM Debt team shares its latest outlook and positioning across the investment universe.
15 minutes
10 Dec 2025
Emerging markets
The Secret Seven: Undervalued firms at the heart of AI infrastructure
The AI boom increasingly depends on hardware. A small group of emerging market firms sit at the physical limits of that infrastructure, yet still trade at deep discounts. The “Secret Seven” may represent one of the most overlooked opportunities in global equities.
5 minutes
09 Dec 2025
Emerging Markets Transition Debt
Emerging Markets Transition Debt: hidden strengths in overlooked places
As cracks emerge in the world’s largest private credit market, it’s a good moment to look closely at the private loans in our Emerging Markets Transition Debt (EMTD) portfolio. Using recent case studies, we show how these loans combine attractive yields with meaningful downside protection.
5 minutes
08 Dec 2025
Market review
November in review
November brought a shift in tone, with global equities pausing their seven-month ascent as valuation and policy risks reasserted themselves. Hawkish central-bank signals and fatigue in the AI trade weighed on markets mid-month, before softer data and a calmer Fed helped steady sentiment. Fixed income markets were mixed as shifting rate expectations pulled markets in different directions, while credit delivered gains despite strain in the riskiest segments. Gold remained supported and copper firmed on supply concerns.
8 minutes
05 Dec 2025
AI
The overlooked frontier
Amid the global AI buildout, emerging markets credit is quietly powering the infrastructure behind the revolution - offering investors yield with purpose and access to the engines of AI growth.
4 minutes
01 Dec 2025
Differentiated Fixed Income and Credit
Picture this: AI issuance is the big issue in credit
The surge of artificial intelligence is making its mark across financial markets. While runaway valuations – driven by a handful of tech companies – are the main focus in equities, an uptick in tech-sector issuance is the big issue in credit markets and it’s redrawing the investment landscape.
1 minute
01 Dec 2025
Hidden GEMS
Hidden GEMs: Emerging markets are poised to reshape the investment landscape
Under-owned but now firmly on global investors’ radars, emerging markets are set to play a bigger role in portfolios. Compelling – and often mispriced – investment opportunities can be found across asset classes, but careful selection is increasingly vital.
7 minutes
28 Nov 2025
Investment Institute
Emerging market’s net issuance drag is easing
A major headwind to emerging market equity performance is fading. Read how this structural shift could lift future returns and reshape the case for EM allocations.
6 minutes
24 Nov 2025
EMD Indicator
Emerging Market Debt Indicator – October 2025
Our EM Debt team shares its latest outlook and positioning across the investment universe.
14 minutes
14 Nov 2025
Market review
October in review
October was a broadly positive month for markets, with equities and government bonds both performing well. Early geopolitical tensions faded as a one-year trade accord was announced between the US and China. Leadership remained narrow, with big tech dominating, lifting US equities – and many AI-exposed emerging markets. In the credit space, most asset classes delivered positive total returns, although cracks appeared in the riskiest parts of the loan market. Gold and copper reached new highs.
8 minutes
07 Nov 2025
Multi-Asset
Capital Market Assumptions - October 2025
Ninety One’s Capital Market Assumptions framework focuses on the key drivers of long-term performance. We do this to better understand possible future returns, enriching discussions with our clients.
20 minutes
06 Nov 2025
Deliberating EM Equities
EM ex-China: opening doors to different opportunities
Emerging markets are diverse, and so are investors’ goals. For those seeking flexibility around China exposure, EM ex-China provides an alternative way to capture growth, resilience, and diversification.
14 minutes
06 Nov 2025
Investment Institute
The great rebalancing
A new cycle reshaping global equity leadership.
20 minutes
04 Nov 2025
Credit Chronicle
Credit Chronicle: Q3 2025
Our credit experts review how credit markets fared in the third quarter of the year and share the latest scorecards for the global credit universe.
10 minutes
03 Nov 2025
Macro insights
Multi-Asset Strategy Quarterly – September 2025
Ninety One's multi-asset growth team provides insights into the macroeconomic environment that informs our investment outlook for the coming quarter. This includes concise summaries of our asset class views.
5 minutes
24 Oct 2025
Notes from the road
Senegal’s journey from setbacks to stability
Recent setbacks in Senegal’s pursuit of economic stability have left it firmly out of favour with fixed income investors. But my meetings gave me comfort that the key ingredients for a more sustainable future – fiscal reforms and an IMF support package – are still attainable.
4 minutes
15 Oct 2025
EMD Indicator
Emerging Market Debt Indicator – September 2025
Our EM Debt team shares its latest outlook and positioning across the investment universe.
14 minutes
14 Oct 2025
Macroscope
The Fed’s risk-management pivot: A green light for equities
A more accommodative Fed stance is turning restrictive policy into a tailwind for equities, note Portfolio Manager Alex Holroyd-Jones and Analyst Rebecca Phillips.
3 minutes
07 Oct 2025
Market review
Q3 in review
Risk appetite held firm in the third quarter as expectations of US rate cuts outweighed tariff concerns. Global equities advanced, led by resilient US markets and supported by gains in Europe, the UK and emerging markets. Fixed income told a more nuanced story: Treasuries rallied on the Fed’s first cut of the cycle, but long-dated bonds in France and other fiscally stretched markets came under pressure. Gold, meanwhile, defied the broader ‘risk-on’ theme, surging to record highs as investors sought protection against persistent inflation.
10 minutes
03 Oct 2025
Notes from the road
Why gold stocks can shine on
The shares of gold miners have been very strong over the past 18 months. But after talking with gold companies at this year’s Mining Forum Americas, I came away confirmed in my view that the outlook for this equity sector remains bright.
3 minutes
29 Sep 2025
Differentiated Fixed Income and Credit
Picture this: short-sightedness in a mainstream credit market
Investors in investment-grade bonds have focused purely on yields in recent years, looking past historically tight credit spreads. With yields now falling, the market’s allure could fade, and investors might be in for a bumpy ride.
1 minute
23 Sep 2025
Deliberating EM Equities
Harnessing risk and unlocking opportunity in EM equities
Jen Ford and Archie Hart share how discipline, bottom-up stock selection and a clear risk framework can help unlock long-term value in EM equities.
16 minutes
16 Sep 2025
Deliberating EM Equities
Hidden GEMs: How emerging markets are rewriting the volatility playbook
Emerging market equities portfolio managers Archie Hart and Varun Laijawalla argue that stronger fundamentals, pragmatic policy, and resilient performance are reshaping investor perceptions of risk in emerging market equities.
4 minutes
16 Sep 2025
Explore our insight hubs
Beyond the one-way trade
For years, capital has gravitated to the US. A one-way trade powered by tech dominance and economic heft. But as the world tilts on its axis, the next cycle is unlikely to resemble the last, and the investment map is beginning to redraw itself.
EM Perspectives
Our emerging market experts aim to help make sense of the broad and diverse emerging market opportunity set. They cut through the noise to reveal what’s really relevant for investors.
Sustainability
We believe that the privilege of investing your capital carries with it a responsibility to try to secure a sustainable future.
Transition investing
Investment opportunities in the shift to a low-carbon economy. This portal brings clarity to transition investing - offering specialist knowledge, expert views and real-world stories of transition in action.
Investment Institute
An investment-led platform for insights, partnership and research.
Macro insights
Macro events can shape the future. Getting the direction of travel correct is a key driver of long-term investment performance, and that’s why assessing the implications of major events is crucial.
Notes from the road
Ninety One’s analysts and portfolio managers file investment briefings from all over the world. Catch up on their Notes from the Road here.