Market Monitor – April 2018

May 11th, 2018, by Richard O'Sullivan

All major stock market indices rose in April; the FTSE 100 index rose by 6.8% whilst the FTSE World index was up by 2.9% . The FTSE 100 index ended April at 7,509, back within 5% of its all-time high.… Read More…

Market Monitor – March 2018

April 27th, 2018, by Richard O'Sullivan

Global equities declined during the month with most indices ending the month in negative territory. The FTSE World index lost over 3.7% in Sterling terms and is down nearly 4.5% year to date. The US Dollar weakened over the month… Read More…

Market Monitor – January 2018

February 5th, 2018, by Georgina Ogilvie-Jones

The FTSE World index was broadly flat in Sterling terms in January, gaining just 0.3%. Global equities continued their ascent in the early part of the month, but there was some turbulence towards the end and currency effects also trimmed… Read More…

Market Monitor – December 2017

January 5th, 2018, by Georgina Ogilvie-Jones

The FTSE 100 closed at an all-time high of 7,687 on the last trading day of 2017 and the index finished the year up just under 545 points, meaning the index gained a respectable 7.6% in capital terms. A record… Read More…

MiFID II – what does it mean for me?

December 21st, 2017, by Amanda Valentine

3 January 2018 sees the introduction of the Markets in Financial Instruments Directive II (“MiFID II”) seen by many as the largest overhaul of European financial services legislation in over a decade. All firms, be they product providers or some… Read More…

Market Monitor – November 2017

December 5th, 2017, by Georgina Ogilvie-Jones

As we head towards the end of the year, trends become clearer. Global equities have advanced in the year to date and the FTSE World index is up 11.5% in Sterling terms. On closer examination, 2017 has been marked by… Read More…

Economic Commentary – September 2017

October 17th, 2017, by Georgina Ogilvie-Jones

Global equities have performed well in the year to date fuelled by synchronised global economic growth and comparatively strong earnings data. This has offset the political risks created by various elections and provocative rhetoric from North Korea. The FTSE World… Read More…

Market Monitor – September 2017

October 5th, 2017, by Georgina Ogilvie-Jones

We are now three quarters of the way through 2017 and it is interesting to review the performance of different asset classes in the year to date. The total return of the equity indices we track are all in positive… Read More…

Thoughts on the German Election

September 28th, 2017, by Georgina Ogilvie-Jones

German Chancellor Angela Merkel won a fourth term in office on Sunday 24 September but will have to build a coalition to form a government. This follows a surge by the populist and anti-immigration Alternative for Germany (AfD) which won… Read More…

Economic Commentary – August 2017

September 6th, 2017, by Georgina Ogilvie-Jones

Despite various political and economic events, equity markets have made headway in the year to date. The FTSE 100 started the year at 7,142 and is now at 7,438 having finished July at 7,372, indicating very modest returns in the… Read More…

Market Monitor – August 2017

September 5th, 2017, by Georgina Ogilvie-Jones

All major equity indices have made gains over the last 12 months in Sterling terms. Whilst the FTSE 100 one year return of 14% appears modest in comparison with a 26% return from the FTSE World Europe ex UK it… Read More…

Economic Commentary – July 2017

August 3rd, 2017, by Georgina Ogilvie-Jones

The FTSE 100 is now at 7,423 having started the year at 7,142 and finished June at 7,312. The index returned 5.6% to the end of June, to be set alongside 7.3% for the FTSE World index. Gilt returns have… Read More…

Market Monitor – July 2017

August 3rd, 2017, by Georgina Ogilvie-Jones

July saw only modestly positive returns from most global equity markets in Sterling terms. The FTSE World index returned 1%, FTSE 100 0.9% and the S&P 500 and FTSE Japan were effectively flat returning 0.5%. Only the indices which we… Read More…

Economic Commentary – June 2017

July 13th, 2017, by Georgina Ogilvie-Jones

We are now nearly a decade on from the financial crisis and the major world economies remain characterised by comparatively low growth and low inflation. Equity markets have seen good absolute returns in the year to date. By the end… Read More…

Market Monitor – June 2017

July 13th, 2017, by Georgina Ogilvie-Jones

June was a lacklustre month for both equities and bonds. Equities declined in the UK (-2.4%) and Europe (-1.3%) and were flat in other regions and at the global level (FTSE World index). The only exception was the FTSE Asia… Read More…