Economic Commentary – October 2016

November 8th, 2016, by Georgina Ogilvie-Jones

The FTSE 100 started the year at 6,242, by the end of September it was 6,899, and having reached a new intraday high of 7,129 on 11 October, ended the month at 6,954. At the aggregate level corporate earnings are under pressure and markets are mainly being driven by the liquidity provided by quantitative easing. We remain mindful of the possibility of a market correction but still prefer equities to other asset classes based on a long term view. In addition we continue to avoid funds with complex strategies that are opaque and will continue to do so.

Read the full economic commentary here…