Insights

The Charity Commission recently announced that they were dropping the terms ‘ethical’ and ‘responsible’ from their draft revision of CC14, the regulation that sets out how charities can manage their money. In this article, we look at how this has the potential to be an important change and allow a wider shift in how charities can use their money, if supported by the proper guidance. 

Over the weekend there were two important developments in the situation around bank deposits and unrealised losses on bond portfolios. Ben Funnell, Head of Investment Solutions, explains what happened and the resulting market impact. 

While it is still too early to conclusively remark that we are in a new era of deglobalisation, it is likely that we are now seeing some significant shifts in globalisation, which is being redefined by geopolitics, and increasingly nationalism and protectionist measures. In this article we examine these factors and their investment implications. 

The rise of economic nationalism, driven in no small part by an increasingly populist agenda in many countries and regions across the globe, has combined with disruptions arising from the Covid-19 pandemic to herald predictions that we have reached the end of a prolonged period of globalisation, which has been the predominant global economic theme for much of the period since 1945. Commentators are now asserting that we have now entered a period of deglobalisation, namely the swift reshoring of production and the shortening of supply chains.