CQS Natural Resources Growth and Income plc (LON:CYN) Fact Sheet as at 31 March 2026 is now available:
Commentary
The conflict involving Iran dominated news flow through March and has continued into April, introducing heightened geopolitical uncertainty for commodity markets. While there have been claims of progress toward resolution, the situation remains fluid, with limited evidence that risks have been fully removed. The key outcome for markets has been disruption to energy supply routes, most notably through the Strait of Hormuz, with the loss of approximately 13 million barrels per day of oil supply, a material reduction in global LNG flows, and disruption to other energy‑linked industrial inputs, including those used in fertiliser production and metal processing. These developments may have implications beyond inflation over the coming months, increasing downside risks to global growth and requiring a more balanced approach to central bank interest rate policy than the initial hawkish response currently discounted by markets.
CQS Natural Resources Growth and Income plc (LON:CYN) is a closed end UK investment trust providing shareholders with capital growth and income from a portfolio of mining and resource equities and mining, resource, industrial and other fixed interest securities.
