by martin robertson | Mar 21, 2025 | Investment Commentary
Macro Outlook What’s happened Stock markets experienced a mix of gains and losses in February, with the MSCI All Country World Index (MSCI ACWI) declining by -1.7%, bringing its year-to-date (YTD) performance to 2.8%. What’s ahead Financial markets will...
by martin robertson | Mar 21, 2025 | Investment Commentary
Macro outlook What’s happened: Stock markets made a bright start to 2025, with the MSCI All Country World index rising 3.9% in January (all returns in sterling, unless otherwise stated). European equities led the way higher with a substantial level of relative...
by martin robertson | Mar 21, 2025 | Investment Commentary
Global equities enjoyed another exceptionally strong year of returns in 2024. US stocks were the standout performers due to higher economic growth rates and a greater weighting to the best performing sectors of the past 12 months, in particular technology. Although...
by martin robertson | Mar 21, 2025 | Investment Commentary
Macro outlook: What’s happened: The US election dominated the narrative last month as Donald Trump’s victory, along with Republican control of both houses of congress, was well received by financial markets. Stocks enjoyed a strong month in the expectation of a...
by martin robertson | Mar 21, 2025 | Investment Commentary
The UK budget and US elections are two major events for financial markets in recent weeks and quite rightly dominated the news headlines. The initial market reaction has been positive for equities, with US stock benchmarks rallying to new record highs. UK gilts have...
by martin robertson | Mar 21, 2025 | Investment Commentary
Central banks took centre stage in Q3, as the Bank of England and Federal Reserve delivered their first interest rate cuts in over four years. Markets generally welcomed the moves with Wall Street and global stock benchmarks hitting fresh all-time highs, although...
