United StatesThe emergence of a ‘K-shaped’ US consumer economy
Divergent spending between more and less affluent households in the US supports opportunities for companies that successfully meet evolving patterns of demand
French credits are not all at the barricades
Government bond yields have spiked recently but a large share of French investment grade credit trades inside OATs
Systematic Field Notes Q3 2026
In this edition, we highlight how market concentration eased in Q3, especially outside of the US, after a Momentum-led first half of 2026
Global Opportunities Strategy
We believe the transition to a more sustainable global economy provides a helpful backdrop to construct high conviction, low turnover equity portfolios that are well positioned to achieve long term capital growth.
Leaders Strategy
A long-only, all-cap global equities strategy investing in Environmental Markets.
US Environmental Leaders Strategy
A long-only, all-cap US equities strategy investing in Environmental Markets.
Global Social Leaders Strategy
A diversified, global equity strategy that seeks to invest in companies that offer strong corporate cultures and that provide products or services benefitting society.
Impax Funds
Mutual funds focusing on the investment risks and opportunities arising from the transition to a more sustainable global economy.