Tributes paid to one of Manchester’s best known financial advisers

May 28th, 2020, by Phil Bennett

Tributes have been paid to veteran financial adviser Alan Torevell who passed away on 20 May aged 83. Mr Torevell launched Torevell Mahon & Co, one of the first independent financial advisory firms in Manchester in 1973. Prior to that… Read More…

Market Monitor – Sept 2020

October 5th, 2020, by Chris Davis

Downside volatility returned to markets in September, with concerns over a second Coronavirus wave in Europe, a US presidential election looming and a bifurcated market resulting in global equities falling 2.9% over the month. European governments have reintroduced lockdown measures… Read More…

Economic Commentary – Sept 2020

September 18th, 2020, by Chris Davis

There’s something going on that’s not quite right The summer has been positive for risk markets, as the decoupling between the global economy and financial markets continues. US equity markets have continued serenely and aggressively to ever higher highs. However,… Read More…

Market Monitor – Aug 2020

September 2nd, 2020, by Chris Davis

August is traditionally a more muted period for markets, however global equities rose 6.3% over the month despite mixed global economic data. US, Japan and China equity markets rose strongly. The Coronavirus surge in certain states in the US appears… Read More…

Economic Commentary – Aug 2020

August 12th, 2020, by Chris Davis

It’s lonely out in space After the enforced inactivity of the spring there are signs of an economic recovery as lockdown measures are lifted and social distancing relaxed. These measures have also allowed the Coronavirus to re-emerge. The number of… Read More…

Market Monitor – July 2020

August 5th, 2020, by Chris Davis

US GDP fell by an annualised 32.9% over the last quarter, the greatest drop in output since records began in 1947, reflecting the impact of the Coronavirus driven lockdown on the country and the world. The number of recorded Coronavirus… Read More…

Economic Commentary – July 2020

July 22nd, 2020, by Chris Davis

The Only Way is Up! It has been a tumultuous 6 months for economies and markets. There is a high probability that the second half of the year will be similar. Coronavirus continues to affect everyone’s life, the global economy… Read More…

Market Monitor – June 2020

July 1st, 2020, by Chris Davis

Global equity markets delivered another month of gains, with MSCI World returning 2.4%1 over the month. The global index has recovered almost 20% over the last 3 months and 35.6% since the start of the rebound on 23 March. After… Read More…

Economic Commentary – June 2020

June 15th, 2020, by Chris Davis

Bouncin’ Back Whilst much of the western world has seen a reduction in Covid-19 infections over recent weeks there are still countries grappling with the virus and its economic consequences. We don’t know when or if we may get a… Read More…

Market Monitor – May 2020

June 3rd, 2020, by Chris Davis

Most equity markets continued their recovery during May, albeit at a slower pace than April. The unprecedented amount of stimulus provided by central banks and governments have offset the worry of declining profits, weak economic data and increasingly hostile war… Read More…

Economic Commentary – May 2020

May 26th, 2020, by Chris Davis

Always asking questions? As humanitarian cost of the Coronavirus continued to mount through April, the global lock down response from most countries has provided an economic shock not seen in modern times. We have all been impacted in this extremely… Read More…

Market Observations – Apr 2020

April 24th, 2020, by Chris Davis

It has been an exciting week in the Oil market. West Texas Intermediate (WTI) May futures went negative (-$40 per barrel) on Tuesday morning in a confluence of oversupply, falling demand and lack of storage capacity. The real issue for… Read More…

Economic Commentary – Apr 2020

April 9th, 2020, by Chris Davis

From a distance As we all adjust to new ways of living and working, the spread of the Covid-19 has impacted people’s health, businesses and markets around the globe. The scale and reach of the virus is unprecedented and it… Read More…

Market Monitor – Mar 2020

April 6th, 2020, by Chris Davis

March has been the one of the most volatile months in markets ever. The speed and magnitude of the daily swings in equity, fixed income and commodity markets over the period has been extraordinary. The VIX, a measure of volatility… Read More…

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.