Monthly Update 31/07/2023
Monthly Update31 July 2023 The Fund rose by 1.06% in 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 0.82%. Year to date the Fund is up 3.77%. (Source of all figures: FE Analytics) Markets fell in the first part […]
Monthly Update 31/07/2023
Monthly Update31 July 2023 The Fund posted a return of 2.18% for July, outperforming the sector average return of 1.79%. Most major equity markets found themselves in positive territory in July, although there was dispersion amongst returns. The Hang Seng was a strong performer, with Chinese equities seeing a partial rebound after a weak period. […]
Ear to the Ground
Not a week appears to go by where we aren’t discussing inflation.
Ear to the Ground
Markets succumbed to a bout of weakness in the second half of the week…
Monthly Update 30/06/2023
Monthly Update30 June 2023 The Fund rose by 1.11% in June, whilst its performance comparator of cash (as measured by the Bank of England’s Sterling Overnight Index Average (“SONIA”)) +5% rose by 0.77%. The Fund remains in positive territory for the year to date at 2.68%. (Source of all figures: FE Analytics) Markets started June […]
Monthly Update 30/06/2023
Monthly Update30 June 2023 The Fund posted a return of -0.63% for June, underperforming the sector average return of 0.33%. Japanese stocks were strong performers in the month, with the Nikkei reaching a 33 year high. They continued to be buoyed by the prospect of the Bank of Japan maintaining its ultra loose policy. Corporates […]
Ear to the Ground
A quieter week for data on both sides of the Atlantic this week…
Ear to the Ground
It is difficult to put pen to paper, or should I say fingers to the keyboard, these days without making reference to central banks.
Ear to the Ground
This week was another big one for central banks, with both the European Central Bank (ECB) and US Federal Reserve meeting to set interest…
Ear to the Ground
This week could perhaps be defined as one of mixed messages and about turns.
