Investment accounts
Authorised and regulated by the UK’s FCA to provide investment accounts, we are bound by CASS rules to segregate and protect client assets.
Our December investment update is now available to download.
Our November investment update is now available to download.
Welcome to our Q4 2020 investment outlook, here you will find our latest views, analysis and thematic ideas.
Despite a broadly negative month in September, all nine of our multi-asset portfolios remain in positive territory on a year-to-date basis.
August was the month that all nine of our global multi-asset models went into positive territory on a YTD basis. While we are happy with the performance, our main focus remains on avoiding market downturns and thus minimising portfolio volatility.
Having entered the second half of an eventful 2020, you could be forgiven for assuming that all of the virus drama is behind us. The real drama in H2 however, is likely to be political in nature. Watch the recording of our August 2020 investment update webinar.
Having entered the second half of an eventful 2020, you could be forgiven for assuming that all of the virus drama is behind us. The real drama in H2 however, is likely to be political in nature.
Welcome to our Q3 2020 investment outlook, here you will find our latest views, analysis and thematic ideas.
Watch our quarterly outlook webinar where Simon Black and his investment management team present a quarterly portfolio update, including analysis of our current positioning and performance, a look at the current financial markets, a macro update, equity update and a discussion on the webinars thematic theme, working from home.
This week on Dolfin Discussions, James Gutman – our Head of investment Portfolios – is joined by Investment Associate Anny Giavelli and special guest Ellen Hughes-Cromwick, Senior Resident Fellow for Climate and Energy Program, Third Way, to discuss the future of electric cars.
All nine of our discretionary portfolios ended positive for the month of June, while eight out of nine are positive year to date. Our July monthly investment update is now available to download.
In this week’s episode of Dolfin Discussions Geoff Wan, Fixed Income Analyst at Dolfin, is joined by Richard Briggs, Investment Manager, Emerging Market Debt at GAM Investments and Bennett Lim, Portfolio Manager, Diamond Capital to talk about Emerging Market Debt.
In this week’s episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Caroline Miller, Chief Strategist at BCA Research, to discuss inflation.
In the second webinar of the series we focus on measurement and ask our guests ‘how can we measure impact when impact investing?’
Sometimes investors are so focused in the rear view mirror, they fail to see the bumps in the road ahead. The disconnect between the macro-economic environment and markets has to reconnect at some point and when it does, it is unlikely to be in an orderly fashion.
Our monthly investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
This week, we take a deep dive into equities and discuss some of the specific stocks in our ‘Resilient’ and ‘Recovery’ stock baskets.
In this new episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Katy Peters, the Founder and CEO of 360 Health Ltd who runs a number of vaccination clinics. They discuss the various medical challenges in getting the world back to ‘normal’, post Covid-19.
In this week’s episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Charles Dumas, Chief Economist at TS Lombard. Together they try and make sense of the macro data in the current environment.
Risk markets continue to grind higher, even as economic data and forecasts further discount hopes for a swift economic recovery. Head of Investment Portfolios, James Gutman, provides a macro update.
In the first webinar of the series we discuss whether impact investing is relevant in a time of global emergency and ask our guests to share their insights on how private clients and markets are responding to the pandemic. Watch the full video now.
This week, we look at the emerging market consumer and ask has the ‘emerging market consumer engine’ that powers the world run out of petrol?
In this week’s episode of Dolfin Discussions we look at valuations in the equity market. In what James Gutman, our Head of Investment Portfolios, calls “one of the greatest mysteries of the universe”, the team asks ‘do equity valuations make sense anymore?’ How can they keep going higher when we are in the midst of one of the deepest recessions in living memory?
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
Our May monthly investment update is now available to download and view online.
Following a steep decline in prices over the past several weeks, we expect crude oil to rally sharply later in 2020 and early 2021. Head of Investment Portfolios, James Gutman, provides an update on the oil market.
In this week’s episode of Dolfin Discussions, James Gutman, our Head of Investment Portfolios, chats to Andrew Dodson, Managing Partner, Philipp Advisors, about moves in the Oil Market since their last conversation on 23 April 2020.
In our Beyond Coronavirus series we discuss changes we are making in our model portfolios in light of how the economy is being shaped by coronavirus. This week, we look at the retail sector and ask whether it is now dead. Are we living in an e-commerce world?
In this week’s episode of Dolfin Discussions, James Gutman chats to Dolfin Fixed Income Analyst Geoff Wan and Head of Trading Carl Androsiuk about the Bond ETF market, which has become of great importance recently.
In our Beyond Coronavirus series we discuss changes we are making in our model portfolios in light of how the economy is being shaped by coronavirus. This week we look at video games.
In this week’s episode of Dolfin Discussions, James Gutman chats to Philipp Advisors’ Andrew Dodson about recent dramatic moves in the oil market including WTI going negative.I
This week, we look at the credit market and, in particular, we ask, should you own anything other than high yield if the Fed is buying the market?
Welcome to our Q2 2020 investment outlook. As usual, it lays out the latest views, analysis and thematic ideas from our Investment Management team. What’s different this quarter is that, although we have traditionally published this as one standalone – typically printed – document, this time, because of the restrictions we face as a result of coronavirus, we are publishing it as website pages.
Watch our investment management team present a quarterly portfolio update, a global macroeconomic overview and outlook for the next months, as well as our positioning in light of the rapid developments we are seeing on global financial markets.
Our April monthly investment update is now available to download.
Investors and analysts are carefully examining economic tea leaves for signs of what is to come but confusion still reigns. Here, Head of Investment Portfolios, James Gutman, provides a macro update.
In this latest excerpt from our Q1 2020 investment outlook, our investment management team look at shelter. The third in our series of thematic pieces after food and water.
In this excerpt from our Q1 2020 investment outlook, Dolfin Head of Investment Management Simon Black discusses sustainable food sources, the future of food, and how we as a planet will feed ourselves.
In this webinar, Dolfin’s Investment Management team provide an update on the rapid developments we are seeing on global financial markets. We focus on the coronavirus outbreak and the oil price movements, and explain our current portfolio positioning in light of these events.
Our March monthly investment update is now available to download and view online.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
In this latest excerpt from our Q1 2020 investment outlook, Dolfin Investment Associate Anny Giavelli looks at how the impact investing market continues to grow and mature as demand for social change rapidly increases.
The Chinese word for crisis loosely translates as a combination of “danger” and “opportunity”. Our Head of Investment Management, Simon Black, outlines how we are adapting our portfolios in light of the coronavirus outbreak.
In this latest excerpt from our Q1 2020 investment outlook, Dolfin Credit Analyst Geoff Wan discusses the green bond market, how it has grown over the last few years, and looks to the future and introduction of the SDG (Sustainable Development Goals) format.
In this excerpt from our Q1 2020 investment outlook, Dolfin Senior Investment Manager Anton Kapkin looks at some of the recent trends and developments affecting the global venture capital market.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
Our February monthly investment update is now available to download and view online.
Our first quarterly outlook of the year looks back at 2019’s headwinds and tailwinds, explains how we applied our investment process to deal with them, provides our thoughts on how markets will develop over the next quarter, and concludes by examining the theme of shelter as an investment, writes Head of Investment Management Simon Black.
Global equities made further gains in December, appreciating 2.9 per cent (as measured by MSCI World Index), taking their annual performance to 25.2 per cent, the best result for global equities in a decade.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
Our March investment update is now available to download.
Our February investment update is now available to download.
Welcome to our Q1 2021 investment outlook, here you will find our latest views, analysis and thematic ideas.
Our January investment update is now available to download.
Our December investment update is now available to download.
Our November investment update is now available to download.
Welcome to our Q4 2020 investment outlook, here you will find our latest views, analysis and thematic ideas.
Despite a broadly negative month in September, all nine of our multi-asset portfolios remain in positive territory on a year-to-date basis.
August was the month that all nine of our global multi-asset models went into positive territory on a YTD basis. While we are happy with the performance, our main focus remains on avoiding market downturns and thus minimising portfolio volatility.
Having entered the second half of an eventful 2020, you could be forgiven for assuming that all of the virus drama is behind us. The real drama in H2 however, is likely to be political in nature. Watch the recording of our August 2020 investment update webinar.
Having entered the second half of an eventful 2020, you could be forgiven for assuming that all of the virus drama is behind us. The real drama in H2 however, is likely to be political in nature.
Welcome to our Q3 2020 investment outlook, here you will find our latest views, analysis and thematic ideas.
Watch our quarterly outlook webinar where Simon Black and his investment management team present a quarterly portfolio update, including analysis of our current positioning and performance, a look at the current financial markets, a macro update, equity update and a discussion on the webinars thematic theme, working from home.
This week on Dolfin Discussions, James Gutman – our Head of investment Portfolios – is joined by Investment Associate Anny Giavelli and special guest Ellen Hughes-Cromwick, Senior Resident Fellow for Climate and Energy Program, Third Way, to discuss the future of electric cars.
All nine of our discretionary portfolios ended positive for the month of June, while eight out of nine are positive year to date. Our July monthly investment update is now available to download.
In this week’s episode of Dolfin Discussions Geoff Wan, Fixed Income Analyst at Dolfin, is joined by Richard Briggs, Investment Manager, Emerging Market Debt at GAM Investments and Bennett Lim, Portfolio Manager, Diamond Capital to talk about Emerging Market Debt.
In this week’s episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Caroline Miller, Chief Strategist at BCA Research, to discuss inflation.
In the second webinar of the series we focus on measurement and ask our guests ‘how can we measure impact when impact investing?’
Sometimes investors are so focused in the rear view mirror, they fail to see the bumps in the road ahead. The disconnect between the macro-economic environment and markets has to reconnect at some point and when it does, it is unlikely to be in an orderly fashion.
Our monthly investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
This week, we take a deep dive into equities and discuss some of the specific stocks in our ‘Resilient’ and ‘Recovery’ stock baskets.
In this new episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Katy Peters, the Founder and CEO of 360 Health Ltd who runs a number of vaccination clinics. They discuss the various medical challenges in getting the world back to ‘normal’, post Covid-19.
In this week’s episode of Dolfin Discussions James Gutman, our Head of Investment Portfolios, is joined by Charles Dumas, Chief Economist at TS Lombard. Together they try and make sense of the macro data in the current environment.
Risk markets continue to grind higher, even as economic data and forecasts further discount hopes for a swift economic recovery. Head of Investment Portfolios, James Gutman, provides a macro update.
In the first webinar of the series we discuss whether impact investing is relevant in a time of global emergency and ask our guests to share their insights on how private clients and markets are responding to the pandemic. Watch the full video now.
This week, we look at the emerging market consumer and ask has the ‘emerging market consumer engine’ that powers the world run out of petrol?
In this week’s episode of Dolfin Discussions we look at valuations in the equity market. In what James Gutman, our Head of Investment Portfolios, calls “one of the greatest mysteries of the universe”, the team asks ‘do equity valuations make sense anymore?’ How can they keep going higher when we are in the midst of one of the deepest recessions in living memory?
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
Our May monthly investment update is now available to download and view online.
Following a steep decline in prices over the past several weeks, we expect crude oil to rally sharply later in 2020 and early 2021. Head of Investment Portfolios, James Gutman, provides an update on the oil market.
In this week’s episode of Dolfin Discussions, James Gutman, our Head of Investment Portfolios, chats to Andrew Dodson, Managing Partner, Philipp Advisors, about moves in the Oil Market since their last conversation on 23 April 2020.
In our Beyond Coronavirus series we discuss changes we are making in our model portfolios in light of how the economy is being shaped by coronavirus. This week, we look at the retail sector and ask whether it is now dead. Are we living in an e-commerce world?
In this week’s episode of Dolfin Discussions, James Gutman chats to Dolfin Fixed Income Analyst Geoff Wan and Head of Trading Carl Androsiuk about the Bond ETF market, which has become of great importance recently.
In our Beyond Coronavirus series we discuss changes we are making in our model portfolios in light of how the economy is being shaped by coronavirus. This week we look at video games.
In this week’s episode of Dolfin Discussions, James Gutman chats to Philipp Advisors’ Andrew Dodson about recent dramatic moves in the oil market including WTI going negative.I
This week, we look at the credit market and, in particular, we ask, should you own anything other than high yield if the Fed is buying the market?
Welcome to our Q2 2020 investment outlook. As usual, it lays out the latest views, analysis and thematic ideas from our Investment Management team. What’s different this quarter is that, although we have traditionally published this as one standalone – typically printed – document, this time, because of the restrictions we face as a result of coronavirus, we are publishing it as website pages.
Watch our investment management team present a quarterly portfolio update, a global macroeconomic overview and outlook for the next months, as well as our positioning in light of the rapid developments we are seeing on global financial markets.
Our April monthly investment update is now available to download.
Investors and analysts are carefully examining economic tea leaves for signs of what is to come but confusion still reigns. Here, Head of Investment Portfolios, James Gutman, provides a macro update.
In this latest excerpt from our Q1 2020 investment outlook, our investment management team look at shelter. The third in our series of thematic pieces after food and water.
In this excerpt from our Q1 2020 investment outlook, Dolfin Head of Investment Management Simon Black discusses sustainable food sources, the future of food, and how we as a planet will feed ourselves.
In this webinar, Dolfin’s Investment Management team provide an update on the rapid developments we are seeing on global financial markets. We focus on the coronavirus outbreak and the oil price movements, and explain our current portfolio positioning in light of these events.
Our March monthly investment update is now available to download and view online.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets.
In this latest excerpt from our Q1 2020 investment outlook, Dolfin Investment Associate Anny Giavelli looks at how the impact investing market continues to grow and mature as demand for social change rapidly increases.
The Chinese word for crisis loosely translates as a combination of “danger” and “opportunity”. Our Head of Investment Management, Simon Black, outlines how we are adapting our portfolios in light of the coronavirus outbreak.
In this latest excerpt from our Q1 2020 investment outlook, Dolfin Credit Analyst Geoff Wan discusses the green bond market, how it has grown over the last few years, and looks to the future and introduction of the SDG (Sustainable Development Goals) format.
In this excerpt from our Q1 2020 investment outlook, Dolfin Senior Investment Manager Anton Kapkin looks at some of the recent trends and developments affecting the global venture capital market.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
Our February monthly investment update is now available to download and view online.
Our first quarterly outlook of the year looks back at 2019’s headwinds and tailwinds, explains how we applied our investment process to deal with them, provides our thoughts on how markets will develop over the next quarter, and concludes by examining the theme of shelter as an investment, writes Head of Investment Management Simon Black.
Global equities made further gains in December, appreciating 2.9 per cent (as measured by MSCI World Index), taking their annual performance to 25.2 per cent, the best result for global equities in a decade.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
Despite the Conservative party winning a majority in Thursday’s UK general election, Brexit is far from ‘done’. The majority certainly gives Prime Minister Johnson more options, but all this really means is that the likelihood of a no-deal Brexit has diminished. Some investors, it seems, are overlooking this.
Our monthly Investment update is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
November was another positive month for global equity markets, writes our Head of Investment Management, Simon Black. Our December monthly investment update is now available to download and view online.
The summer of 2019 was always going to be a tricky time to navigate. When trading volumes lighten, any macroeconomic news can spike volatility across asset classes. Acknowledging this, we do not believe in holding equities simply to have equity exposure in our client portfolios. If the risk/reward is not balanced in our favour, we would rather sit on the sidelines, writes Head of Investment Management, Simon Black.
October was a surprisingly good month but the wall of worry mounts, writes our Head of Investment Management, Simon Black. Download your copy of our November 2019 investment update and watch our briefing video to find out more.
Our monthly breakfast briefing is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of...
This report aims to illustrate why cybersecurity is an important issue in the modern world.
Our monthly breakfast briefing is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of our latest investment ideas and to question our views.
One of the most common questions asked in client meetings is ‘What makes Dolfin different’? Clients often feel that they want their investment manager to stand out from the crowd and to be delivering something ‘better’ than their peers. Read more in our October monthly investment update, now available to download and view online.
The summer of 2019 was always going to be a tricky time to navigate. When trading volumes lighten, macro news can cause elevated volatility across asset classes. Our September monthly investment update is now available to download and view online.
Our monthly breakfast briefing is an opportunity to better understand how recent economic and political developments are likely to affect financial markets. Guests had the chance to hear some of our latest investment ideas and to question our views.
With US vs China and UK vs the EU we anticipate bouts of elevated volatility in H2 2019 – which will require nimble movement in and out of equity markets to avoid losses. Our August monthly investment update is now available to download and view online.
Global equity markets rebounded strongly with the MSCI World Index recovering from its worst month of the year in May, to close up +6.6 per cent in June. The S&P 500, having experienced its worst May since 2010, climbed to all-time high of 2,964 in June.
Welcome to our revised Monthly Investment Update in which we pull back the curtain on some of the decisions that we made last month, the rationale behind them, and how they translated into our Dolfin custodied global multi-asset portfolios.
Our investing is dominated by large thematic ideas that are changing the world around us and will continue to do so in the years to come.