What is the outlook for equity investors after a quarter of remarkable volatility? Tariff brinkmanship has confirmed what confrontational geopolitics and sombre market data had already signalled that investors would need to tread carefully around equity regions and sectors. 

In our latest Sector and Equity Compass we detail the regional and industry outlook in a challenging world. We explore risks and opportunities for US and emerging market equities in a more protectionist environment, explore how military spending might change Europe’s equity markets, and outline the sectors we believe are likely to stay the course. 

The Compass also includes quarterly updates on ETF flows and institutional investor behaviour. 

Read the Sector & Equity Compass

On April 28th, we held a Sector & Equity Compass webinar, here is the link to the zoom recording (Passcode: SPDRq2seco!)