CIO conversations - Q2 2024
Listen in to our CIOs as they discuss the effects of falling inflation, global elections, new sustainability legislation and decarbonisation on our portfolios.
Markets were fairly flat in Q2, with the exception of some high performing technology names focused on Artificial Intelligence. This influenced the quarter’s most disconnected investment themes – AI and renewable energy. Inflation eased which started a rate cutting cycle.
There was some political instability, particularly in Europe with the French elections, which alarmed the bond market. However, there was minimal market volatility as a result of the UK general elections.
The EU Nature Restoration Law passed this quarter and was adopted by EU. The law is aiming to restore 20% of EU’s land and sea by 2030.