by martin robertson | Jun 10, 2025 | Investment Commentary
Global stock markets continued to move higher in May, supported by a further de-escalation in international trade tensions. There have now been a series of steps taken to reduce trade tariffs and there is a growing sense that the worst-case scenario has been avoided....
by martin robertson | May 8, 2025 | Investment Commentary
A strong recovery in the second half of April meant global stock markets recouped the majority of their tariff-induced losses, with the MSCI All Country World index ending the month down 2.4% (all returns for April and in sterling, unless otherwise stated). The...
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...
