NEWS

July 2018 Market Update

— Jul 16, 2018
JULY 2018 MARKET UPDATE Market sentiment continues to be dominated by political issues and developed equity markets have generally traded sideways whilst U.S. Government bond prices have improved. We are making some changes to our tactical positioning within the model portfolios. Over the...

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June 2018 Market Update

— Jun 15, 2018
JUNE 2018 MARKET UPDATE Two issues dominated equity and bond markets during the past month. The first was the Italian election result. This saw the populist parties, which are both anti-EU and anti-austerity budgets, do better than expected at the polls and triggered a return to the state of...

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May 2018 Market Update

— May 15, 2018
MAY MARKET UPDATE LONG TERM MACRO OVERVIEW The period leading up to the financial crisis saw an artificial boost to global productivity as western technology met the excess labour and resources of the developing world. This has now ended. A combination of ageing demographics, and a lack of...

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April 2018 Market Update

— Apr 15, 2018
APRIL MARKET UPDATE We discussed in the March update that 2018 has seen equity markets return to more reasonable (though still not cheap) valuations, with the FTSE100 declining near (10%) from its peak at the end of January. While this fall in equities provided the opportunity to increase our...

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