Monthly Market Update

March 2026 saw a sharp repricing of global risk as escalating conflict in the Middle East triggered a major energy shock, reignited inflation concerns, and weighed heavily on equities, bonds, and business sentiment.

February’s markets appeared strong on the surface, yet beneath the headline returns a growing divergence between regions, sectors and investment styles is reshaping the investment landscape.

January delivered a constructive start to 2026, with improving macroeconomic signals supporting global equities and reinforcing investor confidence despite elevated geopolitical tensions. Market leadership broadened meaningfully across regions and sectors, while fixed income adjusted to stronger growth data and shifting policy expectations. The month highlighted the continued importance of diversification, selective risk exposure and high quality assets in an increasingly com