Stock markets have set record highs several years in a row. At the end of 2025 a minority of companies in AI, banking and defence made up 37% of the MSCI World Index. But, share prices have struggled to hang on to these highs over the past few months, and the best and worst-performing sectors have traded places or ‘rotated’. So, how do we separate the wheat from the chaff?

Stock markets reached new highs in January, but US shares continued to lag Europe and Asia. Sentiment remained optimistic, the pound strengthened, and bond markets held steady. Prices for gold and silver reached new peaks as international tensions rose. 

We are pleased to announce today that CCLA becomes part of the Jupiter Group, a UK-based active investment management company. Becoming a part of Jupiter secures our ability to serve the sectors we were established to support and to extend the reach of CCLA’s stewardship approach. Please find a summary of the announcement, a message from CCLA and Jupiter CEOs, Peter Hugh Smith and Matt Beesley, and latest FAQs.  

Our first global benchmark on modern slavery reveals that the 100 largest global listed companies (UK companies excluded) underperform the 100 largest UK companies benchmarked at the end of 2025. 

In this update we reflect on 2025, outlining what’s worked and what hasn’t, what needs to change and what doesn’t. We set out the conclusions we have reached and our confident outlook for 2026. 

A monthly market update from our investment team. 

A monthly market update from our investment team. 

In this article for the CFA Institute®’s Enterprising Investor blog, CCLA’s investment team looks at the long-run outperformance of ‘quality’ shares over the broader stock market. At times, quality shares may lag the market over shorter timeframes. But they have delivered long-term outperformance for investors with that time horizon.

UK Community Foundations (UKCF) announces significant expansion to the Care Leavers Programme (launched in 2024 by the Local Authorities' Mutual Investment Trust (LAMIT) and UKCF, in collaboration with CCLA) which helps young people who have experienced care survive and thrive as they transition to adulthood.

UK companies have improved their performance in addressing modern slavery, according to our third UK Modern Slavery Benchmark. But with governments in the UK and overseas tightening rules designed to tackle forced labour and related abuses, companies need to go further to meet regulatory requirements and avoid economic risks from fines and litigation.