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Heriot-Watt Investment Society — Research Reports

A curated archive of our society’s research pieces, market commentary, and event-driven notes. Browse newest to oldest. Use Open preview to read in-page (desktop/tablet) or Open in Google Drive on mobile.

2025 2023 2022

2025

BlackRock’s $23B Power Play: Securing the Panama Canal Future (Mar 2025 — Matthew Roberts)

Analysis of infrastructure positioning around Panama Canal constraints and capital deployment implications.

Trump Signals 25% Tariffs on Metal Imports (Mar 2025 — Jamie McNaught)

Event-driven note on proposed tariffs and potential sector impacts across steel, autos, and machinery.

DeepSeek — Market Outlook (Jan 2025 — Robert Grannell)

AI theme watch: implications for productivity, investment cycles, and equity multiples.

2025 Macroeconomic Outlook (Jan 2025 — Ebenezer Quaye)

Top-down macro view, sector tilts, and tactical equity screens for the year ahead.

2023

Macro Research: Inflation Modelling Commentary (6 Mar 2023 — Josh Gausden; Cameron Sword; Luke Rossiter)
Technology Sector: Layoff Indicators Commentary (20 Feb 2023 — Amber Edmiston; Scott Martin; Oskay Onat)

2022

IPO Commentary: AMTD Digital (NYSE) Initial Public Offering (Jul 2022 — Ryan Livingston)
EQUITY OFFERING COMMENTARY – Chinese electric vehicle manufacturer, Li Auto (5 Jul 2022 — Greig D. Rowe; Alexander Wood; Anoopp Nithiyanandam)
TOPICAL: Fed Rate Hikes Impacting Markets (13 Jul 2022 — Anoopp Nithiyanandam)
MONTHLY MARKET SUMMARY – June 2022 (2 Jul 2022 — Multiple authors)
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