Economic Commentary – June 2017

July 13th, 2017, by Georgina Ogilvie-Jones

We are now nearly a decade on from the financial crisis and the major world economies remain characterised by comparatively low growth and low inflation. Equity markets have seen good absolute returns in the year to date. By the end… Read More…

Market Monitor – June 2017

July 13th, 2017, by Georgina Ogilvie-Jones

June was a lacklustre month for both equities and bonds. Equities declined in the UK (-2.4%) and Europe (-1.3%) and were flat in other regions and at the global level (FTSE World index). The only exception was the FTSE Asia… Read More…

Down the Rabbit Hole – Fixed Interest

June 23rd, 2017, by Georgina Ogilvie-Jones

Argentina issued a 100-year bond this week with a coupon of 7 1/8% and a yield of nearly 8% (which will change in line with the price of the debt and is not guaranteed). It was extremely oversubscribed with $9.75… Read More…

Economic Commentary – May 2017

June 15th, 2017, by Georgina Ogilvie-Jones

The global economy is extending its broad-based recovery, with stronger data coming through from Europe and emerging markets to set alongside established US recovery. Corporate earnings prospects are reasonable, but could see subtle negative effects from more populist policies in… Read More…

Market Monitor – May 2017

June 15th, 2017, by Georgina Ogilvie-Jones

Equity markets advanced in May and the FTSE World index had a total return of 2.5%. At a global sector level it was a positive month for more defensive stocks with utilities, consumer staples and technology all among the best… Read More…

Election Update – 9th June 2017

June 9th, 2017, by Georgina Ogilvie-Jones

The general election has resulted in the incumbent Conservative party falling short of a majority. An informal arrangement is therefore being negotiated with the right-wing DUP to secure their 10 seats in Northern Ireland and avoid the pitfalls of a… Read More…

Market Monitor – April 2017

May 30th, 2017, by Georgina Ogilvie-Jones

After a strong 6 months for Sterling-based investors, equity markets consolidated in April with mixed results for regional markets. The total return of the FTSE 100 dropped 1.3% and the S&P 500 lost 2.4% in Sterling terms across the month,… Read More…

Economic Commentary – April 2017

May 9th, 2017, by Georgina Ogilvie-Jones

The surprise announcement of a UK general election in June impacted financial markets in April. The FTSE 100 is now at 7,265 having started April at 7,323 and started 2017 at 7,142. All of our core UK equity fund choices… Read More…

Economic Commentary – March 2017

April 21st, 2017, by Georgina Ogilvie-Jones

The FTSE 100 made some headway in March, despite volatility along the way, finishing the month at 7,327, having started the year at 7,142. Our more defensively positioned UK equity income fund choices outperformed the market in March with many… Read More…

Market Monitor – March 2017

April 13th, 2017, by Georgina Ogilvie-Jones

Global equity markets generally had a positive first quarter, despite political risks and the absence of any particular improvement in fundamental data. Currency continued to be a major influence on returns. The FTSE 100 has a total return of 3.6%… Read More…

Economic Commentary – February 2017

March 15th, 2017, by Georgina Ogilvie-Jones

Markets have continued their general upward trend in 2017. After falling slightly in January, February saw the FTSE 100 index make headway once again, ending the month at 7,374. At a global level, equity prices remain elevated, with all of… Read More…

Market Monitor – February 2017

March 8th, 2017, by Georgina Ogilvie-Jones

Global equity markets saw positive returns in general in the last month. The FTSE 100 had a total return of 3%. The S&P 500 was up 5% in Sterling terms and 3.9% in US Dollar terms. At present Sterling-based investors… Read More…

ISA Investment Options – 2017 Update

February 22nd, 2017, by Laura McLean

In our last ISA summary we outlined the different ways in which ISAs had become more flexible, including the introduction of Help to Buy ISAs to assist first time property buyers, ‘Flexible’ ISAs (where any withdrawal can be replaced within… Read More…

Market Monitor – January 2017

February 14th, 2017, by Georgina Ogilvie-Jones

Despite an extraordinary start to the year where the FTSE 100 index hit a new high on each of the first 12 trading days of the year, the index ultimately lost 0.57% in January. European markets also had a lack… Read More…

Economic Commentary – January 2017

February 14th, 2017, by Georgina Ogilvie-Jones

The major US benchmarks reached new highs in January 2017, whilst an extraordinary situation arose in the UK whereby a new high was reached on each one of the first 12 trading days of the New Year, although the momentum… Read More…