Financial Capital

This month we discuss an extraordinary April for markets: a Strait of Hormuz that remained largely closed despite successive ceasefire announcements, an equity market that nonetheless delivered its best monthly performance since November 2020, and a macroeconomic picture in which the word “stagflation” is becoming increasingly difficult to avoid.

As geopolitical tensions intensify in early 2026, their impact on markets is becoming increasingly evident. In this article, Bedrock’s Head of Investment Advisory, Helena Eaton, examines how conflict‑driven volatility is reshaping asset class performance and elevating defence spending.

Bedrock Group will be joining forces with Corient to create the world’s largest independent wealth management firm for UHNW families.

This month we discuss the fallout from US and Israeli strikes on Iran, the effective closure of the Strait of Hormuz, and the market consequences of an oil shock that has left few places to hide.

Our Chief Investment Officer, David Joory, reflects on how rising oil prices, elevated volatility and shifting inflation expectations are shaping the current landscape.

This month we look at sharp US tech rotation, strong gains in Japan and key emerging markets, renewed demand for sovereign bonds, and rising geopolitical tensions that reinforce the need for broader global diversification.

At the start of 2026, we continue to see a range of opportunities offering attractive value across certain focused parts of the corporate bond market. In this article, Bedrock’s Head of Fixed Income, Alex Perowne, outlines the five sectors we see as having notable value in the current environment.