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Asset Allocation Research for UK Advisers

Outlook for the UK economy and fiscal challenges

10/7/2025

 
Hermione Taylor, the FT Investor’s Chronicle Economist, shared her outlook for the UK economy at the Elston Investment Forum
Hermione Taylor, the FT Investor’s Chronicle Economist, shared her outlook for the UK economy at the Elston Investment Forum

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Navigating global markets: outlook and strategy for June 2025

9/7/2025

 
Hoshang Daroga (Elston) and Natasha Sarkaria (BlackRock) discussed the outlook for markets at our June 2025 Elston Investment Forum.
Hoshang Daroga (Elston) and Natasha Sarkaria (BlackRock) discussed the outlook for markets at our June 2025 Elston Investment Forum.  Watch the video or read on to find the key findings are summarised here.

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global market outlook june 2025 - hoshang daroga

9/7/2025

 
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Watch our latest Global Market Outlook with Hoshang Daroga (Investment Director, Elston Consulting) and Natasha Sarkaria (Investment Strategist, BlackRock) speaking at our Elston Investment Forum 2025.

​
Read on for more details.

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Behind the noise: making sense of Trump’s policymaking

8/7/2025

 
Greg Swenson’s key points from his presentation at the Elston Investment Forum
Trump’s second Presidency is disruptive.  What is his agenda and could it actually work?

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Tracking the Global 500 Index and enabling exclusions

20/6/2025

 
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Whilst there are main global equity indices, there is no daily priced Global 500 index with funds tracking it.  A Global 500 index is a more manageable universe for asset owners wanting an “Index-Targeted Exclusions Enabled” Separately Managed Account.

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Should UK gilts do the twist? Podcast

30/5/2025

 
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In this podcast for FT Adviser, Henry Cobbe explores the idea of an Operation Brit-Twist.

Listen to The Asset Allocator Podcast here

Ten big questions that many investors are asking

30/5/2025

 
A pen and pile of paper, the top sheet has a question mark on it on a yellow background. Ten big questions that many investors are asking
We explore the outlook for regional equities, bonds, currencies, and alternative assets.

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Active vs Passive: A Bright Spot for UK Small Caps

23/5/2025

 
Two Boxers Fighting to symbolise Active vs Passive: A Bright Spot for UK Small Caps
We look at the latest data from the SPIVA® Europe scorecard and key findings.  UK Small Caps are one of the few bright spots.

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UK Equity Income: a passion for dividends

19/5/2025

 
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In this article we explore the origins of a systematic UK Equity Income strategy now powered by Elston’s Minerva™.

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UK equities are a helpful value-factor proxy

15/5/2025

 
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UK equities are a helpful value-factor proxy.  Value-based investing is a persistent driver of returns over time.  But not all the time.  We explore UK equities’ embedded factor tilt and how it can help diversification.

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Multi-Asset Funds or MPS: the pros and cons

14/5/2025

 
A lunchbox representing Multi-Asset Funds or MPS: the pros and cons
Multi-asset Managed Portfolio Service (MPS) is rising in popularity, but with CGT changes Multi-Asset Funds (MAF) are getting a fresh look. What are the pros and cons

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keep calm and stay invested

10/4/2025

 
keep calm and stay invested slogan poster by Elston
Markets have been on a see-saw as the world digests Trump's tariff policy that risked stalling world trade and triggering a recession.  Yesterday US Treasury Secretary announced a 90 day pause in reciprocal tariffs, possibly triggered by systemic strain in the US Government Bond market. US equities surged +9.5% the largest one-day rally since 2008.  We summarise a tumultuous week in markets. 

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Mitigating sequence of returns risk

4/4/2025

 
Model Portfolio Performance Comparison. Comparing accumulation and decumulation of strategies for accumulation and decumulation. Mitigating sequence of returns risk
How does performance of different model portfolios for accumulation and decumulation stack up. Making regular withdrawals.

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Liberation Day 2025: why is Trump putting tariffs on world trade?

3/4/2025

 
Trump's Tariff Card: Reciprocal Tariffs Across Countries with Tariffs Charged to the U.S.A in percentage and U.S.A discounted reciprocal tariffs
Trump is putting reciprocal tariffs on world trade to start negotiations on steps to rebuild US manufacturing. Reciprocal tariffs means putting tariffs on imports from those countries which put tariffs on US imports. What does it mean for markets. What does it mean for the global economy. Will tariffs make America great again?

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reeves spring statement summary

26/3/2025

 
UK Growth, Inflation & Rates (Annual) - OBR estimates
We explore Reeves Spring Statement 2025 and what it means for UK Growth, Inflation and Rates.

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On the up: rising demand for Custom MPS

25/3/2025

 
A navy suit tailored onto a mannequin representing custom MPS
What is driving the rising demand for Custom Model Portfolios?

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Navigating recent market volatility

21/3/2025

 
Helmet next to fallen motorbike representing market volatility
Trump’s second tariff war has unsettled markets.

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Central Banks on Hold

21/3/2025

 
UK Growth Inflation and Rates Chart Feb 24 - Feb 25
The US and UK have kept rates on hold this week.

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Sizing the UK “home bias” in your equity allocation

20/3/2025

 
Man Wearing VR Headset holds Big Ben and Empire State Building representing UK Equity Home Bias Insights
The UK equity market has underperformed the US and Global Equity over the long-term.  How much should UK investors allocate to it?

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Fixing the US balance sheet: a future Mar-a-Lago accord?

19/3/2025

 
Vortex of 100 dollar bills representing Fixing the US balance sheet
The “Mar-a-Lago Accord” is a concept, not an event.  Some are advocating a new currency accord and debt restructuring to fix the US balance sheet.

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 Elston Consulting Limited (Company Registration Number 07125478) is registered in
England & Wales, Registered address:  1 King William Street, London EC4N 7AF
  • WHO WE ARE
    • About
    • Our Journey
    • What Our Clients Say
  • WHAT WE DO
    • Elston Portfolios >
      • Our Portfolios
      • Adaptive Portfolios
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      • Smoothed Portfolios
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    • Custom Portfolios >
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    • MINERVA
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      • Analytics, Factsheets & Reporting
      • CPD
    • Fund Solutions >
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    • Index Solutions >
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      • UK Equity Income
      • Sector Equal Weight
      • Factor Equal Weight
      • Liquid Real Assets
      • Gold and Precious Metals
      • Permanent Portfolio UK
      • UK Multi-Asset Indices
      • Custom Indices
  • Insights
  • Subscribe
  • Contact