News

Market Update 30th September 2024

News: 30 September 2024

I have a former employer who once invested £2m of his own money into an investment trust and forgot about it. Admittedly this was March 2020 and quite a lot was going on, but it seems unusual. The reason I remember it very well is the trust had fallen about 20% in the two weeks since we bought it and amongst other things, this meant someone had to go and tell him.

Market Update 23rd September

News: 23 September 2024

Market Update 16th September 2024

News: 16 September 2024

Market Update 9th September 2024

News: 09 September 2024

We are now one week into September and it’s fair to say it is following some historic trends. September has been known to be the worst month in the US stock market. Some of this historically relates back to the 9/11 attacks and the Lehman Brothers bankruptcy which both happened in September.

Market Update 2nd September 2024

News: 02 September 2024

Goodness me. It’s September. This has once again managed to catch me off guard.
With hindsight, the signs were there. We go around the sun at the same rate every year, and we count the days in August up to 31 every time. The only possible excuse for any confusion is that, based on the name alone, one would expect September to follow June, not August.

Market Update 19th August 2024

News: 19 August 2024

I have just returned from a 2-week summer holiday – a period which coincided with particularly volatile markets in the first week of August, which may have been unsettling for you.

Whenever periods of headline-grabbing market turbulence occur, as professional investors we are inundated with jargon-filled rationalisations from experts across the industry. From my holiday, I was also more acutely aware of how these events were reported in the mainstream media.

Market Update 12th August 2024

News: 12 August 2024

Last week saw some of the most severe market moves for some time, mostly based around Japan, but sent waves through other markets as well.

Market Update 5th August

News: 05 August 2024

Since the 2007/08 global financial crisis we have seen low interest rates consistently for over a decade. This has meant little to no return on cash, resulting in a lower allocation within portfolios.

Market Update 29th July 2024

News: 29 July 2024

The summer reporting season is in full swing. Results so far have generally been reasonable, although we’re still awaiting releases from many of the most significant companies. We are five short of a full magnificent seven complement, for example.

Market Update 22nd July 2024

News: 22 July 2024

JD Vance was previously only known to me as the author of a book called Hillbilly Elegy, which later became a Netflix film. It’s an autobiographical story about his working-class origins in the Appalachian mountains and how he overcame a difficult childhood to go to Yale.