Flagship Asset Management

The convergence of immediate military crises and structural geopolitical realignment has created the most compelling investment environment for defence stocks in decades.

According to global portfolio manager, JD Hayward, this promises to be not just a cyclical opportunity, but a fundamental reshaping of the global security architecture, that will drive sustained defence spending growth for years to come.

Read JD's thoughts to find out why he believes this to be the case or listen to his interview with Moneyweb.

Defence Stocks Provide Diversification in an Era of Accelerating European Rearmament - Flagship Asset Management Our mission is to be the navigators and global authority of your complete investment future, wherever it may lead.

Market volatility continues, but at least it was to the upside during May.

US markets rallied this month, with the S&P 500 gaining 6.3%, while the Nasdaq was up 9.7%. It was the S&P’s strongest month since 2023.

In the UK, the FTSE 100 gained 3.8%, while Europe’s Stoxx 50 rose by 4%. In the East, Japan’s Nikkei ended 5.3% higher, while the Hang Seng rallied nearly 6%.

This performance was mainly driven by the easing of tariff-tensions between China and the US.

Despite the apparent optimism in the market, we note that several other indicators remain weak.

Read more about these and other significant world events in our May 2025 monthly commentary.

Monthly Commentary May 2025 - Flagship Asset Management Our mission is to be the navigators and global authority of your complete investment future, wherever it may lead.

Congratulations to Niall Brown, who won the best South African Multi-Asset Flexible Fund award at the inaugural FundHub Industry Performance Awards!

His Flagship IP Flexible Value Fund ranked first out of seven hundred funds over five years to December 2024.

Learn more about his fund here: https://flagshipsa.com/domestic-specialist-mandates/