Have global PMI new orders peaked?
November 13, 2026
OECD leading indicators and equity market rotation support the message of moderation from money trends.
NS Partners is part of the Connor, Clark & Lunn Financial Group, a multi-boutique investment management company whose affiliates collectively manage over $162 billion USD in financial assets.
NS Partners is a manager-owned investment management boutique.
We have an experienced and cohesive investment team that owns the business.
Philosophical commitment to conviction-based macroeconomic analysis.
EVA analysis provides a disciplined approach to uncovering improving
profitability and helps us avoid value-destroying companies.
Insights
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“Excess” money and momentum investing
November 6, 2026
Momentum has worked as an equity investment style historically but the addition of a monetary overlay could result in superior risk-adjusted returns.
Surprising US monetary strength
October 28, 2026
Divergent US / rest of G7 money trends signal US economic outperformance and misaligned monetary policies.
Why the UK MPC should stand pat
October 23, 2026
Monetary trends suggest a minor and short-lived inflation upswing.
Strong showing from Flávio Bolsonaro in Brazil’s first round of presidential elections sends stocks flying
October 22, 2026
Following a sharp election-driven rally, we revisit the case for Brazilian equities and what could come next.
Monetary news still weakening
October 20, 2026
A suggested further fall in global real money momentum strengthens conviction in a coming PMI decline.
UK house prices: (much) more downside
October 13, 2026
A comparison with index-linked gilts suggests that house prices are as expensive as at the start of the crash phase of the last 18-year housing cycle.
A “monetarist” perspective on current equity markets
October 7, 2026
Monetary trends suggest a peak in economic momentum and less liquidity support for markets.
What explains the bond bear?
October 1, 2026
The recent rise in global government bond yields reflects a restrictive shift in global “excess” money conditions.
International Equity Strategy Commentary
September 30, 2026
Strategy Commentary for Q1 2024 on the International Equity Strategy
Global Emerging Markets Equity Strategy Commentary
September 30, 2026
Strategy Commentary for Q1 2024 on the Global Emerging Markets Equity Strategy
Quarterly Liquidity Insight
September 30, 2026
Q1 2024 Quarterly Market Liquidity for Emerging Markets
Global money update: August weakness
September 25, 2026
Monetary trends may be starting to confirm a negative 2027 economic outlook suggested by cycle analysis.
Are we all emerging markets now?
September 17, 2026
China’s export machine risks provoking a political backlash among trading partners struggling to absorb a glut of high-end manufactured goods.
Cycle update: expected 2027 weakness crystallising
September 17, 2026
The short-term stockbuilding cycle is rolling over with the long-term housing cycle on track to accelerate into a 2027-28 low.
For additional information on NS Partners Ltd, please contact:
![Jean-Philippe-Lemay, CC&L FG [504x504_03]](https://ns-partners.cclgroup.com/wp-content/uploads/sites/3/2025/06/FG_-Jean-Philippe-Lemay_504x504_03.jpg)
Jean-Philippe Lemay
Managing Director,
Head of Institutional Sales, Global
Eric Hasenauer
Senior Vice President,
Co-Head of Institutional Sales, USA
John Ricketts
Senior Vice President,
Co-Head of Institutional Sales, USA
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NS Partners Ltd.
December 6, 2021