Capital Markets Update - Autumn 2026

In our Capital Markets Update, we explore the themes shaping markets as resilient global growth, persistent inflation and rising energy prices continue to influence investor expectations.

Several major central banks raised interest rates during the third quarter, putting further pressure on bonds. Meanwhile, equities continued to approach new highs, supported by strong corporate earnings and ongoing investment in AI.

In this quarter's edition, our experts discuss:

• the key global themes influencing markets
• whether higher bond yields are creating opportunities for investors
• the outlook for credit markets
• what's driving equity performance
• the latest developments across UK property markets

Download the update to read our latest views on bonds, credit, equities and property.

Download the full update here

If you have any questions on anything covered in this update, or would like to discuss further, please get in touch.

Important Information
This communication has been compiled by Hymans Robertson LLP® (HR) as a general information summary and is based on its understanding of events as at the date of publication, which may be subject to change. It is not to be relied upon for investment or financial decisions and is not a substitute for professional advice (including for legal, investment or tax advice) on specific circumstances. HR accepts no liability for errors or omissions or reliance on any statement or opinion. Where we have relied upon data provided by third parties, reasonable care has been taken to assess its accuracy. However, we provide no guarantee and accept no liability in respect of any errors made by any third party.

General Investment Risk Warning
Please note the value of investments, and income from them, may fall as well as rise. This includes but is not limited to equities, government or corporate bonds, derivatives and property, whether held directly or in a pooled or collective investment vehicle. Further, investments in developing or emerging markets may be more volatile and less marketable than in mature markets. Exchange rates may also affect the value of investments. As a result, an investor may not get back the full amount of the original investment. Past performance is not necessarily a guide to future performance.