Monthly Update 31/07/2022
Monthly Update31 July 2022 The Fund rose by 3.22% during July, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.48%. Strong expectations of central banks raising interest rates further to quell inflation helped calm equity markets in July. In […]
Ear to the Ground
Something we might be a little bit more reticent to bring home however is the nation’s favourite cheeseburger, after McDonalds announced last week that it will see its first price increase in over 14 years. It wasn’t just a small increase either, with a 20% hike being imposed. The company is also to pass on the cost of higher fuel and ingredients onto other items on their menu.
Ear to the Ground
It ain’t half hot! In a week which saw record temperatures in the UK, it wasn’t just the weather which had us all a lot hot under the collar. UK inflation figures revealed that CPI had increased to 9.4% in June, the highest reading since 1982 and marginally above market forecasts of 9.3%. It is perhaps unsurprising to hear that fuel and food were the largest contributors to the increase.
Ear to the Ground
What goes up, must come down. But not quite yet! US inflation again surprised to the upside this week, with the release for June coming out at an eye watering 9.1%. This was up from 8.6% in May, above market forecasts of 8.8% and the highest reading since…
Ear to the Ground
Politics have certainly been at the top of the agenda this week, with the resignation of Boris Johnson being the focal point. As should probably be expected, however, the investment market response has been fairly muted. There was some sign of sterling strength following the announcement but markets soon reverted to business as usual.
UKDSF Monthly Factsheet May
The Fund rose 1.25% during May, ahead of its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.51%.
MIDSF Factsheet April
Major equity markets were predominantly negative during the month
Ear to the Ground
It has been a quieter week for economic releases this week but that does not mean this has been reflected in investment markets. The inflation debate continues to rumble on, with investors and market analysts trying to anticipate when and where it will peak. Inflation appears to be on a different expansionary path in some countries and regions when compared to others…
Monthly Update 30/06/2022
Monthly Update30 June 2022 UK fixed income struggled as an asset class through June, but there was some respite towards the end of the month for some. Non-investment grade, high yield corporate bonds were the weakest performers during the period. As fears of economic slowdown and recession continued to build the default risk rose also, […]
Monthly Update 30/06/2022
Monthly Update30 June 2022 The Fund fell by 3.50% during June, behind its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) + 5% which rose by 0.49%. It was ahead of the FTSE 100 index, however, which fell by 5.76% over the month. The likelihood of an […]
