Market Commentary

MAY 2026

Markets have had a turbulent start to 2026. Political uncertainty and geopolitical tensions continue to shape the outlook for investors.

In our latest City Thinking market commentary, Ross McKnight, Senior Investment Analyst and Head of MPS, joins Tracy Coghill to discuss portfolio performance so far this year and how our portfolios have remained resilient despite a challenging backdrop.

The conversation also explores several of the themes currently dominating market discussions, including artificial intelligence, crypto and the risk of further escalation in Iran.