Market Observations – Mar 2020

March 27th, 2020, by Chris Davis

Over the last few days we have spoken to a number of fund managers to get their views on the events of the last few weeks. Some of the key observations are summarised in the article below.

Economic Commentary – Mar 2020

March 25th, 2020, by Chris Davis

Don’t stop thinking about tomorrow Global equity markets fell sharply at the end of February as the impact of the rapid spread of the Coronavirus (Covid-19) became apparent. As at 19 March there are over 200,000 confirmed cases, of which… Read More…

Market Monitor – Feb 2020

March 5th, 2020, by Chris Davis

The spread and impact of the Coronavirus has been the focus of the world and financial markets in February. Equity markets fell in response to uncertainty as to the immediate consequence for the global economy and whether it may potentially… Read More…

Economic Commentary – Feb 2020

February 12th, 2020, by Chris Davis

Always had a vision, always had high, high hopes Financial markets entered 2020 with optimism. Geopolitical tensions had eased and there were tentative signs of a manufacturing pickup in activity that had plagued the sector and hampered the global economy… Read More…

Market Monitor – Jan 2020

February 3rd, 2020, by Chris Davis

Following the Conservative party election victory and US-China trade truce, markets started the year with optimism. This was quickly displaced by fear as increased US-Iran tensions and the spread of the 2019 Novel Coronavirus outbreak generated more caution. The oil… Read More…

Economic Commentary – Jan 2020

January 14th, 2020, by Chris Davis

When will those dark clouds all disappear After a tumultuous year of geo-political, political and economic change global growth has slowed to its lowest annual rate since the financial crisis. Growth slowing to 3% and a benign inflationary environment provided… Read More…

Market Monitor – Dec 2019

January 7th, 2020, by Chris Davis

Market tail risks reduced in December with an apparent trade truce between US-China and a Conservative general election victory. Risk assets ended the year in positive fashion as a result. Sterling rose against the US Dollar (2.1%), Euro (1.1%) and… Read More…

Economic Commentary – Dec 2019

December 9th, 2019, by Chris Davis

Winner Takes It All In our last Economic Background of the decade global growth has weakened to 3%, its slowest pace since the global financial crisis and a material slowdown from 3.8% in 2017. Rising trade and geopolitical conflicts are… Read More…

Market Monitor – Nov 2019

December 2nd, 2019, by Chris Davis

Accommodative central banks and a bout of optimism in geopolitical events helped to boost equity markets in November, supporting the year to date performance. However the performance of the major indices can obscure sector and style rotation and a wide… Read More…

Economic Commentary – Nov 2019

November 15th, 2019, by Chris Davis

The 2019 story so far has been one of political and geopolitical uncertainty leading to a dampening of investment, trade and confidence. Investor sentiment has oscillated between optimism and pessimism dependent upon the tweet, communiqué or vote in proceedings. Faced… Read More…

Market Monitor – Oct 2019

November 5th, 2019, by Chris Davis

There was nowhere to hide for investors in October as major bond, equity and commodity index prices declined over the month. Following the announcement of another negotiated withdrawal agreement, the likelihood of the UK leaving the EU without an agreement… Read More…

Economic Commentary – Oct 2019

October 10th, 2019, by Chris Davis

Ever Changing World As we head into the final quarter of the year we find the global economy slowing, inflation conspicuous by its absence and central banks delivering accommodative monetary policies. Increased volatility in markets reflects the ongoing trade tensions… Read More…

Market Monitor – Sept 2019

October 3rd, 2019, by Chris Davis

Domestic and global political risks remain at heightened levels during September. In response to slowing global growth and weakening inflation global central banks eased monetary policy. Whilst all major stock markets generated positive returns over the month this obscures a… Read More…

Distribution of equity returns – update

September 20th, 2019, by Martyn Torevell

Most of our clients have exposure to UK and global equities as we believe that they are one of very few assets with the potential to provide capital growth and a rising income over time. This article is an update… Read More…

Economic Commentary – Sept 2019

September 9th, 2019, by Chris Davis

There may be trouble ahead Traditionally the summer months have little economic and political news flow, not so in 2019. As Hurricane Dorian heads towards mainland US, markets are increasingly becoming more volatile as economic data weakens, geopolitical risks intensify… Read More…