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Wealth management issues on the agenda

Private banking firm Brown Shipley hosted exclusive events at the Ivy in Birmingham for clients and professional intermediaries to discuss its views on the global economy, financial markets and key asset classes in 2026 and beyond.

The events were hosted by Dan Morris and Johnny McGrath, Client Advisors at Brown Shipley in Birmingham and Daniele Antonucci, Chief Investment Officer at Quintet Private Bank, parent of Brown Shipley.

Dan Morris said: “We’re pleased to share our market views and asset allocation with our clients and intermediaries, who trust us to help manage their wealth and support their financial objectives.”

Johnny McGrath added: “We’ve seen some market volatility at the start of this year which we have spoken to clients about. We believe in staying invested and diversified to compound returns, which has historically shown to be more effective than reacting to short-term noise.”

The global economy defied recession fears last year and, despite some geopolitical tensions, the outlook for this year points to continued growth as trade uncertainty recedes and fiscal stimulus bolsters demand. Monetary policy is easing financial conditions, though market volatility is likely to persist. Those are the views of Daniele Antonucci, Chief Investment Officer at Quintet Private Bank, parent of Brown Shipley.

“The recession many anticipated in 2025 never materialised, and policy intervention made the difference,” said Antonucci. “Rate cuts in the US and Europe, coupled with fiscal support, are boosting confidence and asset prices. These factors should keep growth moderately positive this year.”

“After decades of US-centric globalisation, the world continues to shift toward a more multipolar landscape,” Antonucci said. “This transition brings greater divergence in economic outcomes and less predictable market dynamics. Investors must adapt – identifying opportunities and managing risk in an environment where traditional patterns no longer apply."