Select Portfolio Commentaries

In the history of financial markets, there has never been a quarter like Q1 2020. The outbreak of COVID19 has pushed the global economy into a sharp downturn.

After equity markets reached all-time highs, hopes of a quick resolution of the coronavirus outbreak faded with the growth of new reported cases across the globe.

All major asset classes, particularly global equities, enjoyed attractive returns in Q4 of 2019 in an environment of improved risk sentiment globally.

Equities performed well in November significantly outperforming bonds. November’s rally followed a strong month for equities in October

After a year in which we saw a combination of trade and tariff uncertainty and a general slowdown in global manufacturing...

The third quarter presented investors with difficult conditions, where the interplay between trade, monetary policy and growth, characterised the economic narrative...