Vista
Welcome to Vista, LCP’s online investment magazine, where we explore future-focused and innovative investment topics for institutional investors.
Shifting tides
For readers who are already familiar with Vista, we hope that you notice (and appreciate) the new format and focused content. The theme of this edition is shifting tides, representing the changes both here at Vista, for us as new co-editors, but most importantly in the investment landscape.
Increasing political posturing and uncertainty is driving investment markets and shaping performance. In this edition, we consider three topics which are fundamental to investors - managing volatility, “risk-free” assets, and ensuring your assets are in line with the global drive towards net zero. Inside you'll find:
- Structural shifts in the gilt market: How market dynamics have changed since the political fumble that led to the gilts crisis of 2022.
- The consequences of the Net Zero Asset Managers Initiative faltering: In a world where investment managers are keen to investors on both sides of the net zero debate, how can investors identify the managers who align with their own views?
- The growing relevance of tail risk hedging: What to do when investment markets become a scary place? In the words of Jon Kabat-Zinn, “You can’t stop the waves, but you can learn to surf.” This article considers how investors can protect themselves from tail events and short-term volatility.
We hope you enjoy reading this edition as much as we have enjoyed curating it.
Gilt trip: a deep dive into the shifting dynamics of the gilt market
As the tide turns in the UK gilt market, traditional anchors like DB pension schemes are drifting away, leaving room for a new wave of yield-sensitive investors. This article explores how issuance, volatility, and investor dynamics are evolving — and what it means for market stability and strategy.
Net zero: are asset managers really walking the talk?
At its launch in 2020, NZAMI was met with widespread support from fund managers. Now, only a few years on, more managers are questioning the benefits of climate pledges and commitments. This article explores what a faltering NZAMI means for alignment, credibility and investor decision-making.
Tail risk hedging: protecting your portfolio in a storm
So far, 2025 has underscored the reality of tail risks – infrequent, high-impact events that can seriously dent portfolio performance in the short term. This article explores the impact of tail risk events on equity markets and introduces practical options for managing drawdown risk.
Stay up-to-date with our latest insights
Subscribe to LCP emailsMeet our editorial team
Explore previous Vista collections
Moving forward from a challenging year
The new frontier - unveiling the rise of the space economy
Today, as we stand on the precipice of a New Frontier, the emerging Space Economy, we are witnessing the dawn of a modern odyssey much like the daring exploits of explorers’ past.
Regenerative agriculture: the super-strategy making dollars from dirt
Could regenerative agriculture help investors improve biodiversity and climate resilience while achieving attractive returns? Shyam Gharial provides us with an overview of this exciting asset class.
Investing in UK affordable housing
The UK housing market faces a severe shortage of affordable housing. Jenny Harbord shows how institutional investors can seek attractive risk-adjusted returns in helping to solve this challenge.
Investment Uncut
LCP's podcast about investing
Our hosts are joined by guests each week as they get beyond the jargon to try and bring sense to the world of investing and bring clarity to your investment decisions.
