News & Views

Explore September 2026 market performance as AI boosts technology stocks, inflation drives interest rate rises, and developed and emerging markets diverge.

July saw market leadership broaden beyond technology, with UK equities, commodity-linked markets and selected emerging markets delivering strong returns. However, renewed energy-driven inflation pressures kept central banks cautious, while a sharp correction in semiconductor and AI-related stocks weighed on technology-focused markets. Against this mixed backdrop, the Balanced portfolio benchmark returned -0.45% during the month.

Global markets delivered positive returns in June, as continued enthusiasm around artificial intelligence and semiconductor stocks outweighed concerns over rising inflation and restrictive monetary policy. Technology-led gains supported equity markets, while healthcare and biotechnology also performed strongly. However, bond performance dampened overall returns, with the Balanced portfolio benchmark gaining 0.43%. Central banks took differing approaches during the month.

Artificial intelligence is rapidly reshaping the financial services industry. From automating time-consuming tasks to enhancing investment decisions and personalising client experiences, AI’s role is expanding fast. But alongside the opportunities come risks, including ethical concerns and regulatory uncertainty. Discover how finance professionals are adapting to this new era of innovation.