January confirmed a clear shift in global market dynamics. Less synchronization. More dispersion. Less momentum. More discernment.

The opening of 2026 highlighted an environment where understanding the economic and financial cycle matters more than chasing short-term performance. Regional divergences, different stages of monetary policy, and growing asymmetries across asset classes have once again become central to market outcomes.

In our January Monthly Review, we explore how these forces shaped global equities, fixed income, and alternatives, and why disciplined allocation and clarity of judgment remain essential in navigating the current landscape.

👇 Read the full analysis.