Insights

Macroeconomics · 25 Sep 2026

Energy independence and access to commodities in the era of electrification

Energy independence and secure access to commodities have become central to economic policy in the 2020s, shaped by geopolitical uncertainty, market volatility and the global climate transition.

Macroeconomics · 23 Sep 2026

The great scramble for resources

Today’s increasingly fragmented world is driving a dash to secure resource sovereignty. Across the globe, governments are prioritising energy security and access to key commodities in the face of conflicts, trade barriers and climate change.

Macroeconomics · 23 Sep 2026

From monetary independence to fiscal dominance?

In previous “Horizon” publications, we have highlighted several structural trends shaping economies, including demographics, deglobalisation, decarbonisation, debt and digitalisation. Successive crises – such as the Covid pandemic, the war in Ukraine, the trade war and the recent Middle East conflict – have exacerbated these trends.

Macroeconomics · 21 Sep 2026

Weekly house view | Xi-Trump, round two

The CIO’s view of the week ahead.

Macroeconomics · 21 Sep 2026

Stablecoins versus the digital euro

The rapid evolution of digital finance has brought stablecoins and central bank digital currencies (CBDCs) to the forefront of global economic discussions. Stablecoins, which are digital assets designed to maintain a stable value, have experienced explosive growth. This is prompting new regulatory frameworks and raising important questions about their impact on financial stability, monetary policy and the international monetary system. At the same time, central banks are exploring digital currencies to preserve monetary sovereignty and adapt to changing payment landscapes.

Macroeconomics · 15 Sep 2026

The 2020s in historical perspective

Sir Niall Ferguson has spent his career explaining how economic history can help inform contemporary policy decisions. His latest theory, dubbed “Ferguson’s Law,” highlights how US fiscal profligacy threatens the durability of American power just as a second Cold War is emerging between the US and China.

Macroeconomics · 14 Sep 2026

Weekly house view | Bonds not Ha-PPI

The CIO’s view of the week ahead.

Macroeconomics · 09 Sep 2026

Re-equitisation: investing in a high issuance era

For much of the past two decades, equity investors have enjoyed a powerful tailwind: the phenomenon of “de-equitisation.” During this period, companies have bought back more shares than they issued, which has reduced the volume of listed equities and supported stock prices. That era appears to be ending.

Responsible future · 21 Sep 2026

Keeping cool in a warmer world

As global temperatures rise, there is growing demand for efficient and innovative cooling technologies.

Society · 11 Sep 2026

From sunseekers to skill seekers: How countries are competing for global talent

Successful global mobility today demands a clear commitment to contributing to the local economy. That is because many countries are moving away from broad-based incentives, instead focusing on attracting skilled professionals and innovators. As a result, thorough due diligence and genuine integration into local communities have become more important than ever.

Society · 11 Sep 2026

It’s always sunny in Portugal!

An AI entrepreneur chose to relocate to Lisbon for its climate, tech scene, and favourable tax regime. With expert guidance, Pictet helped the client align his business ambitions and lifestyle goals. His move exemplifies how individuals can appeal to countries that want skilled, economically active individuals, not just passive investors, to drive growth.

Technology & science · 04 Sep 2026

Reclaiming privacy

Professor Carissa Véliz analyses the risks posed to individual freedoms from digitisation.

Responsible future · 25 Aug 2026

Power shift: investing in the electrification megatrend

A global shift toward electrification is gaining momentum. This megatrend is driven by a mix of industrial demand, technological advances and geopolitical risk. In this Q&A, PWM energy equity analyst Malik Zetchi shares his perspectives on where investors can find value in the electrification revolution.

Technology & science · 23 Aug 2026

How AI is reshaping education

Ed shares how he built Renewed Learning from his first year at university into an international tutoring business working across the UK and Hong Kong.

Society · 06 Aug 2026

Healthcare: two markets, one value chain

How innovation moves between private and public capital in the healthcare sector.

Technology & science · 23 Aug 2026

How AI is reshaping education

Ed shares how he built Renewed Learning from his first year at university into an international tutoring business working across the UK and Hong Kong.

Technology & science · 08 Jul 2026

Why human judgment still matters in the age of AI

Tracing ivee’s evolution from recruitment technology to AI upskilling and advisory, Amelia Miller, CEO of ivee, explores AI adoption, prompt engineering, governance, automation, and why experience remains a critical asset.

Technology & science · 22 Apr 2026

How AI and Automation are improving NHS GP access

Pete takes us inside the reality of GP practices, from the pressure on front-desk staff to the outdated administrative systems that still shape much of the patient experience.