Ninety One
Emerging-markets, equity and credit insights from Ninety One.
United Kingdom2 articlesLast published 3 Jun 2026
Multi-AssetEquitiesFixed Income
Research
Ninety OneMulti-Asset
May in review | Month in review | Ninety One | Botswana
Ninety One's monthly market review for May 2026 covers broad-based gains in global equities (MSCI ACWI +5.2%), led by AI-driven technology stocks and semiconductor-exposed markets such as South Korea and Taiwan, while Chinese equities underperformed due to domestic demand and property concerns. Bond markets experienced mid-month volatility on inflation fears before recovering as progress on a US-Iran deal pushed Brent crude to its largest monthly decline since March 2020, supporting both sovereign bonds and credit.
3 Jun 2026
Ninety OneCommodities
Oil shock: when geopolitics shuts the taps | Ninety One | Botswana
Ninety One's Head of Global Natural Resources, Paul Gooden, analyses the market impact of the effective closure of the Strait of Hormuz, which caused oil prices to surge over 25% to above $118/barrel and disrupted roughly 20% of global oil supply. The piece examines near-term price dynamics across crude, refined products, and LNG, and discusses whether the shock marks the beginning of a structurally tighter energy market.
20 May 2026