by martin robertson | Sep 4, 2025 | Investment Commentary
Global stock markets recovered from some early-month weakness to finish August slightly higher, with the MSCI All Country World Index rising 0.4% (all returns are total, for August and in sterling, unless otherwise stated). For sterling investors, returns would have...
by martin robertson | Aug 15, 2025 | Investment Commentary
July was another good month for equities as global stock markets built on their second quarter gains, supported by resilient economic data and corporate earnings alongside favourable trade tariff developments. The MSCI All Country World Index added 5.2% (all returns...
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...
