Inflation, monetary policy tightening, supply chain disruption, fears of recession, remain the dominant themes as we enter 2023
![](https://www.bis.hk/wp-content/uploads/2023/01/090123-website-446-x-298-375x260.jpg)
Divine inspiration
On a brighter note, and with Janus looking forward, 2023 presents
us with a fuller palette of investment opportunities than we’ve seen for
some years.
![](https://www.bis.hk/wp-content/uploads/2022/12/121222-446-x-298-website-375x260.jpg)
What were you thinking?
A valuation discipline is designed to place
the odds in your favour
![](https://www.bis.hk/wp-content/uploads/2022/11/71122-website-446-x-298-375x260.jpg)
Monthly viewpoint – November 2022
The best returns came from emerging
markets, up 14.8% in November, driven
by an extraordinary rise in China of 30%
![](https://www.bis.hk/wp-content/uploads/2022/12/51222-website-446-x-298-375x260.jpg)
A turning point for UK mid-caps
Fearful investors heading for the exit have crushed valuations this year by driving down share prices
![](https://www.bis.hk/wp-content/uploads/2022/11/28112022-website-446-x-298-375x260.jpg)
Has gold lost its shine?
Historically, gold has proven its ability
to preserve its purchasing power when compared to fiat money as it cannot
be devalued by central banks
![](https://www.bis.hk/wp-content/uploads/2022/11/211122-446-x-298-website-375x260.jpg)
The World Cup effect
If the S&P 500 declines over the next month you can be confident that the
subconscious actions of billions of heartbroken football fans will be
partly to blame
![](https://www.bis.hk/wp-content/uploads/2022/11/14112022-website-446-x-298-375x260.jpg)
Temperature Check
The Euro-zone looks like it is in for a tough time, made only slightly easier by
the healthy state of household balance
sheets
![](https://www.bis.hk/wp-content/uploads/2020/11/florian-van-duyn-ze6ivbpzpgu-unsplash_600x380-375x260.jpg)
Monthly viewpoint – October 2022
… the peak of inflation is now within sight, albeit with considerable uncertainty around further policy tightening required to bring it sustainably to target levels of around
2%
![](https://www.bis.hk/wp-content/uploads/2022/11/71122-website-446-x-298-375x260.jpg)
Yet another update on China
China is facing a different set of issues that
still have global consequences