Heightened volatility in global markets emerged as countries grappled with Inflationary pressures and shifting monetary policies, particularly in the US and UK. These challenges highlight the fragility of the ongoing economic recovery amid geopolitical tensions and domestic fiscal concerns.
Monthly Viewpoint – September 2024
It is impossible to predict the outcome of geopolitical events; they can have a material impact on markets, although rarely for very long periods. Our approach is to build broadly diversified
portfolios to protect against the risks, and ride out the volatility, while taking opportunities to add to risk assets in the event of sharp sell-off
Monthly Viewpoint – July 2024
We recognise the risks coming from geopolitics and US politics, and the increased uncertainty around economic growth. But markets have adjusted rapidly to the changed narrative
Investment trust discounts
In the week ending 18 October, emerging markets are becoming increasingly attractive to investors, reflecting a shift in global economic focus amidst persistent geopolitical challenges.
The boring gets interesting
In the week ending 11 October global central banks took varied approaches to balance inflation and economic growth, reflecting diverse economic conditions
China’s economic stimulus – Hope on the horizon?
The week ending 4 October showed global economic conditions increasingly influenced by easing inflation and persistent growth concerns, prompting central banks to adopt more cautious or easing stances.
Honey, I shrunk the listings
“There appears to be several reasons other than the greater availability of private capital to motivate a business
to choose to stay private.”
History doesn’t repeat but it often rhymes
“Geopolitical factors will likely take center stage again, particularly with upcoming US elections and ongoing fiscal challenge”
Defining value
“Our dream investment is in an “economic compounder” but at a market valuation materially below
our estimate of its intrinsic value and
true worth.”
Monthly Viewpoint – Aug 2024
The only questions on investors’ minds are whether the first cut in September will be 25bps or 50 bps and the subsequent pace of cuts