The distinction that changes everything

The distinction that changes everything

There is a word we use almost every day as though it were a synonym for fear: risk. We reach for it when we talk about investments, markets, and life decisions. But an American economist, nearly a century ago, told us we were confusing two fundamentally different...
May 2026 Newsletter – Market Commentary

May 2026 Newsletter – Market Commentary

The March–April 2026 period has been one of the most complex and non-linear market environments in recent years. Against an already late-cycle backdrop, financial markets were hit by a sudden exogenous shock that disrupted cross-asset correlations and forced a rapid...
April 2026 Newsletter – Market Commentary

April 2026 Newsletter – Market Commentary

March 2026 marked a clear deterioration in global market conditions, as the escalation of the conflict in the Middle East, particularly the disruption of transit flows through the Strait of Hormuz, materially increased the risk of a systemic energy crisis affecting...
Global Ship Lease

Global Ship Lease

Global Ship Lease, Inc. (“GSL”) is a leading independent containership lessor specializing in mid-sized and smaller container vessels. The company owns a diversified fleet of containerships which it leases to major global container liner companies under multi-year,...