ab 23 December 2025 Global Research Global Equity Strategy Quantitative Framework and Positioning Each month, we update the three key parts of our quantitative framework: Andrew Garthwaite Strategist Regions: This was covered in Part 1 of our outlook. The FTSE has moved to the top of our regional aggregate scorecard (up one place). Japan, where we remain underweight, is now second (down one place). It scores top on our MCI scorecard, but we see a sharp tightening of monetary conditions relative to other reg ...