Market Updates
While we implement a bottom-up stock selection strategy we maintain a firm grasp of the bigger picture
Investment Outlook Q4 2019
In this note we look at how economic fundamentals are being impacted by political process. How can investors follow the advice to “ignore the political noise and focus on fundamentals” when politics is having such an influence on fundamentals?
Market Update
November 2019
BY Mark Seavers
BY Mark Seavers
Does trusted ‘barometer’ mean a recession is imminent?
The recent stock market correction has largely been attributed to increasing concern about the health of the global economy. This fear has been amplified by a growing inversion of the US yield curve, a previously trusted harbinger of economic recession. “This time it’s different” is the typical refrain of recession deniers. So is it?
Market Update
August 2019
BY Oliver Sinnott
BY Oliver Sinnott
Investment Outlook Q3 2019
Against a backdrop of weakening global growth and an escalating trade war between the US and China, both equities and bonds have made solid gains recently. In this Investment Outlook we examine the main factors currently driving asset returns.
Market Update
July 2019
BY Mark Seavers
BY Mark Seavers
Big Boots to fill - will Draghi’s successor have “whatever it takes”?
“… within our mandate, the ECB is ready to do whatever it takes to preserve the euro. And believe me, it will be enough.”
Market Update
June 2019
BY Oliver Sinnott
BY Oliver Sinnott
Investment Outlook Q2 2019
Equity markets have rebounded strongly in 2019, recovering all of the losses incurred in the final quarter of last year. Chief Investment Officer, Mark Seavers, examine the events that have been driving returns.
Market Update
April 2019
BY Mark Seavers
BY Mark Seavers
Investment Outlook 2019
As 2019 gets underway, Chief Investment Officer Mark Seavers reflects on 2018 and discusses what we can expect in 2019.
Market Update
January 2019
BY Mark Seavers
BY Mark Seavers
Investment Outlook Q4 2018
As we enter the final quarter of 2018, Chief Investment Officer Mark Seavers looks at what we can expect for the final months of the year.
Market Update
October 2018
BY Mark Seavers
BY Mark Seavers
Investment Outlook Q3 2018
In this update we discuss the state of play on trade and other areas of concern such as Italian politics and the ongoing Brexit negotiations, and give an update on our market forecasts. Chief Investment Officer Mark Seavers looks at what we can expect for Q3 2018.
Market Update
July 2018
BY Mark Seavers
BY Mark Seavers
Investment Outlook Q2 2018
In our 2018 Investment Outlook, we pointed out that “the current extended period of low volatility is not without precedent, but periods such as these increase the likelihood of elevated volatility and meaningful falls in equity markets in the future.” Three weeks later, we got our first sight of an extreme volatility event for some time. Chief Investment Officer Mark Seavers looks at what we can expect for Q2 2018.
Market Update
April 2018
BY Mark Seavers
BY Mark Seavers
Investment Outlook 2018: Synchronised Growth
In spite of considerable uncertainty and geopolitical risk, 2017 turned out to be a good year for equity markets and risk assets in general, although the recovery in the euro crimped returns from global assets for Eurozone investors. Chief Investment Officer Mark Seavers looks at what we can expect for 2018.
Market Update
January 2018
BY Mark Seavers
BY Mark Seavers