The nature of investment in risk assets requires a medium to long-term time horizon but it is important that we keep you informed on a regular basis of how your capital is performing and our thoughts on the future outlook. Here we post our quarterly portfolio updates as well as periodic investment bulletins.
The previous quarter had ended poorly for risk assets as investors fretted over global growth fears, but equity markets recovered strongly in October to near record highs.
Despite a generally strong start to the year from global equity markets there was a marked increase in volatility in January...
On 01 April 2015 we shall reach the third anniversary of managing our Portfolios.
It would seem that the significant geopolitical risks posed by the ongoing crises in Gaza, Iraq and the Ukraine have taken a back seat in investors’ minds as confidence in the improving global economy gathers pace.
While the MSCI World Index during March was essentially flat in local currency terms (up 0.2%), individual regions had very different trends.
Developed equity markets appreciated substantially during 2013, led by a sustained economic recovery in the US, improving conditions in the eurozone and positive sentiment towards Japan.
Over recent months the prospect of FED tapering has been at the forefront of investors’ minds, with the belief that the FED would announce a reduction to their $85 billion a month bond buying programme.