RiverPeak Wealth Monthly Update for September 2020

Global Market Overview – September 2020 In September our optimistic view on the outlook for risky assets was challenged almost immediately by the political and media narrative of a second wave of COVID-19. As schools reopened and the weather turned colder, the UK started to see a rise in positive tests. Local lockdowns began to occur throughout the country. The (understandable) negative soci...
Read More

RiverPeak Wealth Monthly Update for August 2020

Global Market Overview – August 2020 There is a sense that the world is returning to normal. Many people have taken full advantage of the ‘Eat Out to Help Out’ scheme, which has ensured a return of atmosphere to pubs, cafes and restaurants. We have started to see this recovery come through in recent economic data. Notably, manufacturing and nonmanufacturing data across the US, UK, Europe and...
Read More

Coronavirus Update

Coronavirus (COVID-19) Update – 14th September 2020 It has been seven weeks since our last coronavirus update and, in some areas,, there has been lots of change and in others, very little.  It has been hard to keep track of which countries are on or off the UK quarantine list but, whether or not they managed to squeeze in a foreign holiday, some semblance of normality has resumed for most famil...
Read More

RiverPeak Wealth Monthly Update for July 2020

Global Market Overview – July 2020 In July, we saw a major shift in the government’s guidance with more encouragement for workers to return to the office. While the government is looking to get the economy back to full-speed, research by 94 of Britain’s biggest employers indicates that many businesses are taking their time in re-opening offices while some are struggling to convince workers it i...
Read More

Coronavirus Update

Coronavirus (COVID-19) Update – 24th July 2020 Despite news of rising infection rates in the US and elsewhere, notably Japan and Hong Kong, equity investors were rewarded with further positive returns over the past two weeks.  The MSCI World index has advanced just shy of 3% in the last fortnight and since the start of the year has generated a respectable 3.73%.  The best performing region has ...
Read More

Coronavirus Update

Coronavirus (COVID-19) Update – 10th July 2020 Markets continued to make progress during the past fortnight with notable outperformance by Asia and Emerging Market indices. Since the lows on 23rd March most major equity markets are up around 30% in sterling terms. Indeed a sterling-based investor who only looked at half-yearly valuations would be perhaps be a little disappointed by the low sing...
Read More

RiverPeak Wealth Monthly Update for July 2020

Global Market Overview – June 2020 In June we saw the government in England relax restrictions by allowing shops to re-open and the easing of the 2-metre rule. This is a key development for the economy as it allows businesses to start plotting a path back to normal. Of course, different policy speeds in Wales, Northern Ireland and Scotland muddy the picture somewhat for the entire UK, but almos...
Read More

Coronavirus Update

Coronavirus (COVID-19) Update – 26th June 2020 There has been little of note to distinguish the past fortnight from previous ones.  There has been some good news on the health front with reports that a commonly used and widely available drug called Dexamethasone had proved to be successful in limiting the likelihood of the patient dying in severe cases of Covid-19. This is, of course, to be wel...
Read More

Coronavirus Update

Coronavirus (COVID-19) Update – 12th June 2020 In the past fortnight the lifting of lockdowns has accelerated with a concomitant pick-up in economic activity, a welcome development for many but increasing the risks of a second wave of infections.  Also, for the first time in months, headlines containing news of the virus have been superseded by the reports of, and reaction to, the shocking deat...
Read More

RiverPeak Wealth Monthly Update for June 2020

Global Market Overview Global equities continued to advance in May as investors responded to the resumption of economic activity with an increasing number of countries starting to ease lockdown measures.  The announcement of further economic stimuli also provided a boost to risk appetite. The MSCI World generated a return of 6.95% in sterling terms.  Sterling weakened versus the dollar and ...
Read More