Global Equities

Quitting is often misunderstood as weakness. But in investing, selling is the overlooked half of decision-making, hindered by biases like sunk cost fallacy or FOMO. In our view, knowing when to walk away is essential for preserving capital and seizing better opportunities.

In our latest Quality Conversations videos, discover how quality companies—those with strong franchises, pricing power, and unlevered balance sheets—can thrive in uncertain markets. By navigating inflation, shifting economic cycles, and interest rate volatility, these "masters of their own destiny" appear to offer resilience and long-term growth potential.

The AI boom has increased demand for data centers, but US electric utilities lack the capacity to power them. This has led to a rise in self-generation solutions, benefiting companies like Schneider Electric and National Grid. The issue was a key theme at the recent Data Center Dynamics trade show.

La incertidumbre y la volatilidad del entorno actual han puesto de relieve las ventajas de la disciplinada filosofía de Quality Growth, que se centra en empresas de probado éxito con una resiliencia y durabilidad inherentes. Dados los escasos vientos favorables de los dos años anteriores, determinadas empresas de calidad presentan valoraciones atractivas, dadas sus características de crecimiento defensivo.

As the exuberance we’ve seen over the past few years fades, our Quality Growth team looks to find resilience in industries that are shielded from the effects of tariffs and the volatility around AI.

Zhen Li, Investigative Analyst, acudió a la segunda Conferencia Mundial de Desarrolladores de Shanghái. La investigación de campo que ha llevado a cabo Zhen revela que existe inquietud en torno a la viabilidad y la sostenibilidad del modelo de DeepSeek por la fuerte competencia en el sector de la IA china y la incertidumbre en cuanto a la monetización de los modelos de IA.

Factor investing has long explained market behavior, but its flaws—timing dependencies, rigid linearity, and backward-looking assumptions—limit predictive power. Can AI overcome these? This Expl(AI)ning episode dissects factor evolution, their pitfalls, and how machine learning enables dynamic models. Dive into quantitative investing’s future.

Is the tech market’s bull run, much like a steamroller, starting to reverse course? Efficiency gains recently announced by DeepSeek have raised questionsabout the commoditization of LLMs and the potential overinvestment in data centers, shifts that could significantly impact the industry and investors.

2025 is poised to be another positive yet complex year for equities. Balancing core positions in industries driven by secular trends – like semiconductors, AI hyperscalers, and the energy transition – with opportunistic exposures that can benefit from cyclical or policy-induced rebounds can help navigate the challenges ahead.

The mining industry is entering a green supercycle, driven by demand for metals and minerals needed for decarbonization. Despite increased competition and deeper mining, technological advancements are boosting productivity and reducing emissions. This presents compelling long-term investment opportunities in this evolving industry.

Las fuerzas que impulsan los mercados actuales están dificultando especialmente que los inversores encuentren el equilibrio adecuado. ¿Cómo pueden los inversores aprovechar el poder en auge de la IA sin correr demasiados riesgos? Entérese de cómo nuestro equipo de Quality Growth gestiona el riesgo y mantiene un equilibrio saludable.

¿Cómo se gestiona el impacto de la volatilidad del mercado impulsada por los resultados electorales? Matthew Benkendorf, CIO de la Boutique Quality Growth, comparte formas de encontrar estabilidad en la inestabilidad actual.