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Emerging markets have quietly reasserted themselves
Following the drawdown triggered by the escalation of conflict in the Middle East, EM equities have recovered strongly, with the MSCI Emerging Markets Index now approaching prior highs. While this resilience may appear surprising given geopolitical and energy sensitivities, it is important to recognise how difficult this asset class has been historically.
Irish commercial property continues to show clear signs of recovery as we move through early 2026, supported by a resilient economic backdrop.
We have held gold in our multi-asset portfolio for many years despite not being “gold bugs” by any means. Our logic for holding gold was based on economic history. We view gold as insurance and as a store of value when confidence in fiat currencies and financial engineering wavers or collapses.
Is an AI bubble starting to form? Derek Heffernan explores where risks are building – and how selective diversification can uncover attractive opportunities.
We explore how a resilient economy, steady interest rates, and renewed investor appetite are driving growth across office, retail, and industrial markets.
Discover global equity opportunities in Emerging Markets, Developed Markets ex-US, and deep-value US stocks, balancing risk with long-term growth.
For the latest in his series of interviews with members of the senior Gresham House team, Tony Dalwood talks to Rupert Robinson
In the August 2025 monthly monitor, Gresham House Ireland reviews the risks of AI overinvestment and rising US tariffs, alongside reasons for continued equity market optimism. Discover how supportive fiscal policy, low oil prices and attractive valuations are shaping investment opportunities.
Explore the factors influencing the US Dollar’s trajectory, including Washington’s policy mix, fiscal deficit, and potential short-term catalysts for outperformance. Stay informed with insights from Senior Investment Analyst Kudakwashe Damba.
Explore the factors influencing the US Dollar’s trajectory, including Washington’s policy mix, fiscal deficit, and potential short-term catalysts for outperformance. Stay informed with insights from Senior Investment Analyst Kudakwashe Damba.
Explore how climate change is reshaping timber markets. Discover rising demand, limited supply, and timber’s role in portfolio diversification. Request your copy of the Gresham House Global Timber Outlook 2025.
European banks are outperforming major tech stocks, yet still trade at deep discounts. Explore why improving fundamentals and rising loan growth make this sector a hidden gem for investors.
For the latest in his series of interviews with members of the senior Gresham House team, Tony Dalwood talks to Rupert Robinson
We are pleased to share our fourth annual Sustainable Investment report, covering our range of initiatives and commitments.
Real yields have garnered attention recently after experiencing a significant rise, returning them to normal historical levels.
The negative narrative in the UK is well-worn however, there are areas of positivity within the UK economy.
The negative narrative in the UK is well-worn however, there are areas of positivity within the UK economy.
Over the long-term, dividends provide the majority of returns. The starting dividend yield is the most consistent contributor to equity returns.
The share price of Nvidia Corporation, the US multinational technology company has dramatically increased recently.
Although central banks have increased interest rates meaningfully, depositors are yet to see the full benefits reflected in the rates domestic banks are offering.
The deterioration in the international economic environment during 2022 has created a level of uncertainty for investors and occupiers in the Irish commercial property market.
An introduction to the profile of Ireland as a destination for forestry investment
Equity markets have rallied strongly over the first two months of 2023. Many stocks which sold off in 2022 have been in the vanguard of this rally.
In the latest in our CEO interview series, Tony catches up with Managing Director, Olly Hughes.
We have been ‘overweight’ in European equities versus US equities for a number of years, as our bottom-up process has consistently identified greater value in European markets.
Gresham House announces pre-close trading update for the 12-month period to 31 December 2022
In the latest in our CEO interview series, Tony catches up with Managing Director, Rupert Robinson.
The recent strong performance of value stocks over their glamour counterparts has investors concerned that they may have missed the value opportunity.
The recent strong performance of value stocks over their glamour counterparts has investors concerned that they may have missed the value opportunity.
There is a lot going on in equity markets today, so answering the question whether it’s time to buy equities is not straightforward.
Whilst most investors are fully aware that equity markets have been disappointing in 2022, what is less reported is the dramatic losses in the perceived haven of government bond markets.
The last year has seen considerable negativity across many asset classes. Bond markets have fallen into their first bear market in a generation, and equity markets are still in negative territory as the reality of a slowing global economy and rising interest rates takes its toll.
Commodities were the hot topic at the start of this year as investors viewed them as a hedge against inflation.
The first half of 2022 has proved an extremely negative period for global equity markets. The sell-off of the last six months has been exceptional and has only been surpassed during periods of extreme market stress, recalling events in 1974, the TMT crash of 2000, the global financial crisis (GFC) and the European sovereign crisis.
Multi-asset investing has been one of the fastest growing asset categories over the last twenty years. From 2003 to 2018, the industry increased globally more than five-fold, from $2tn to $11tn, also increasing its market share of worldwide assets under management from 6% to 14%.
2022 has seen the global equity market engulfed in negativity. Rising bond yields, stagflation, increasing recession fears, war in Europe, another COVID-induced shutdown in China and the Central Bank tightening to tackle inflation are among the factors causing the negative backdrop for equities today.
Gresham House
Specialist asset management
