Insights

Agriculture is emerging as an integral asset class for institutional investors seeking diversification, resilience and long-term value creation.

At a recent roundtable for UK intermediaries and institutional investors, Fiera Capital’s OAKS investment team made the case for emerging markets in 2025. Senior Portfolio Managers Ian Simmons and Dominic Bokor-Ingram explained how their absolute return focus and disciplined stock selection allow them to uncover opportunities that others may overlook.

The fourth quarter got off to a strong start. Solid economic and corporate earnings results in the United States provided a tailwind for global stock markets – while a tentative trade truce between the United States and China added to the optimistic mood in the market.

At Fiera, we see single-family housing as the next frontier for investors in UK real estate, providing access to a segment of residential housing that is not only underpinned by robust market fundamentals but addresses the unprecedented undersupply of homes across the UK.

In the current new regime, Canadian real estate is no longer just a yield play. It is a strategic “shield.” A repricing mechanism. A scarce store of value that responds almost mechanically to debasement, adjusting upward in price to reflect declining value changes in the denominator – money itself.

Senior Portfolio Manager Ian Simmons joined Portfolio Adviser to discuss why the outlook for emerging markets is improving after a challenging decade, from a turning US dollar and attractive valuations to country-specific reforms and renewed growth momentum.

Read our latest quarterly Investment Outlook and Portfolio Strategy document, providing a financial market recap for Q3 and our outlook for the next 12-18 months.

Global growth is losing momentum. The World Bank now expects real GDP to slow to 2.3% in 2025, half a point below earlier forecasts at the start of the year.

Andy Gardner, Senior Portfolio Manager & Chris Nicholas, SVP – Intermediaries Distribution share insights from the last quarter.

Financial markets ended the third quarter on a solid note.

Over the past two decades, performance data from the largest emerging markets has demonstrated that GDP growth, while essential, is not by itself enough to deliver sustained equity market outperformance.

The UK Government has positioned housing development as a cornerstone of its economic growth strategy. Recognising that effective spatial planning is essential to unlocking new housing supply, it has taken decisive steps to implement policies that actively promote construction.