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Stablecoins – effective bridge between fiat and crypto, or a bridge too far?

This paper assesses Stablecoins’ rapid growth, their stability, and correlation with other assets, and risks to financial stability.
• Robin Marshall and Alex Nae
•
1 min

Article

Small caps step up in broadening US equity rally

US small-cap stocks are driving a broader equity rally as performance spreads beyond large-cap Tech. Recent FTSE Russell data highlights strong Q2/Q3 gains in small caps, driven by gold, defense, and AI-adjacent sectors—marking a diversification of US market leadership.
• Mark Barnes & Indhu Raghavan
•
10 min

Research

Performance Insights – November 2025

Resilient economic activity, supportive central bank actions, and sustained AI optimism prop risk assets

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