Continental's Bureau de Recherche publishes a short body of work each quarter — long-form commentary for the Bank's principals and their advisors. We do not publish on macro events as they happen.
Our Q2 view holds: short-duration USD and EUR liquidity remain a sensible posture for principal capital, with selective deployment as policy clarity returns to the Atlantic. We discuss why mandate breach is the more costly error than mandate caution.
Read the full noteWhy we hold USD, EUR, and GBP positions at face value rather than converting consolidated reporting on a daily basis. A short letter for new principals.
Annual mandate review for the Capital Preservation framework. Capital protection and income generation in measured proportion. Distribution to the principal's appointed counsel on request.
Brief note from K. Lim on liquidity in Asia hours for principals based across our coverage. Singapore continues to act as the Bank's cover during European nights.
Q1 was the first quarter in three years where Treasury rates moved within a narrow band. We discuss what that implies for principal-capital posture in 2026, and the operational consequences for mandate governance.
Continental's counterparty review framework, our preferred custodians, and why we re-examine the list annually regardless of incident.
Existing principals receive the quarterly note as a matter of course. Advisors and introducers may request distribution by writing to the Private Client Office.
research@continental.example