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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.
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.
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.
Discover how Trump’s tariffs impact global trade, US prices, and market volatility in 2025, leading to higher costs and economic uncertainty.
In this instalment of the Monthly Monitor, the team discuss the promising market outlook for commercial property sector in Ireland.
In this instalment of the Monthly Monitor, the team discuss PIIGS and the attractive investment opportunity they could offer.
In this instalment of the Monthly Monitor, the team discuss PIIGS and the attractive investment opportunity they could offer.
In this instalment of the Monthly Monitor, Kathryn Hannon, Head of Private Clients, discusses the changes with Alan Ryan from Paul Ryan Pension & FInancial Consultants.
Decarbonisation is a global megatrend which is influencing the materials used in construction. Rather than concrete or steel, timber is increasingly being used in buildings, reducing the carbon footprint, cost and construction time of new developments.
Small caps are starting to shine, and we expect their radiance will continue to illuminate the market for a while.
The recent decision by the European Central Bank to reduce interest rates may mark the turning point in the property market cycle.
After a decade of US outperformance, investors are rebalancing away from the region and into areas that have been capital starved and are primed for the coming bull market.
Gold investors are usually left behind in a market where equities are also strong, however that is not the case this time.
The Irish commercial property market is undergoing a cyclical downturn. However, this downturn is not confined to the Ireland with CBRE reporting difficult investment markets around Europe.
We analyse every investment we make through a ‘survive then thrive’ framework. This involves looking at risk before potential reward.
At the start of 2023, there were serious concerns about the US residential housing market and its potential to cause a recession. If investors had foreseen the most aggressive Central Bank monetary tightening in history, there is no doubt that a serious crash would have been expected, but it hasn’t materialised.
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.
Gresham House
Specialist asset management
