Strategy Tools

This page provides access to the white papers detailing our proprietary Strategy Tools. These frameworks form the quantitative foundation that informs the asset allocation decisions for our Multi-Asset Strategy portfolio where we combine Oxford Economics' macroeconomic forecasts with our strategists' market expertise to produce asset allocation and investment strategy analysis for multiple asset classes for long-term and tactical investors.

Global Cross Asset Frameworks Chartbook - May 2026 – Our overall cross asset framework stays risk-on in May, with our short-term signals in positive territory, suggesting risk assets will outperform defensive assets. However, our long-term signals have fallen back to neutral, suggesting our conviction in our risk-on tilt has moderated relative to April.
Cross Asset: Our new macro regime indicator suggests buying the dips – Macro regimes are pivotal drivers of cross-asset performance, meaning it's critical to anticipate them correctly. Our new macro regime indicator formalises that intuition to outperform the average annualised return of a 60/40 portfolio by 2.3%, with little additional risk.
Cross Asset: Our new valuation framework favours EM debt over DM equities – Our new valuation framework suggests that most risk assets are expensive compared to historic norms, but we see value in EM local currency debt.
How our systematic signals can help enhance performance – Our cross asset framework is based on five proprietary indicators (economic cycle, credit impulse, financial stress, relative valuation, and sentiment) and guides our monthly cross-asset risk appetite in our flagship Global Asset Allocation (GAA) reports.