RiverPeak Wealth Monthly Update for August 2019

Global Market Overview After a strong first half, market returns in July were more muted as trade tensions continued to cause concern. However, for sterling-based investors the relative strength of the dollar, euro, and yen meant that investments overseas generated strong returns. Thus, whilst in local currency terms the MSCI World index rose 1.18%, this translated into a return of 4.46% in s...
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RiverPeak Wealth Monthly Update for July 2019

Global Market Overview Following last month’s setback, central banks, in June, once again intervened to bolster market confidence with the Federal Reserve and the European Central Bank both indicating that they were ready to provide the necessary monetary stimulus to shore up faltering economies. “Don’t fight the Fed” is a phrase we have used on more than one occasion and market participants ...
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RiverPeak Wealth Monthly Update for June 2017

Global Market Overview Hopes of a trade deal between the US and China evaporated in May when the US raised tariffs on $200 billion of Chinese imports from 10% to 25%. China retaliated by increasing the tariffs on $60 billion of imports from the US from a range of 5-10% to 5-25%. As a result, global markets, which rose for the first four months of the year, suffered a setback. The MSCI W...
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RiverPeak Wealth Monthly Update for May

Global Market Overview After a strong first quarter, global equities, across the board, rose again in April, boosted by more positive economic data, some better than expected corporate results and the ongoing support of central banks which remained in accommodative mode. The MSCI World index advanced 3.50%. The FTSE World Europe ex UK index rose 4.03%, closely followed by the S&P 500 inde...
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RiverPeak Wealth Monthly Update for April 2019

Global Market Overview Global equities advanced for a third consecutive month, rounding off a quarter which saw portfolio valuations rebound after a torrid end to 2018. Tensions between the US and China continued to ease and central banks retained an accommodative stance with regard to interest rates, setting the stage for a continuation of the benign environment beloved by market participant...
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RiverPeak Wealth Monthly Update for March 2019

Global Market Overview The appetite for riskier assets was evident again in February as investors focused on the easing tensions between the US and China. Advances in global equity indices were not quite as strong as they had been in January, but every region recorded a positive result in local currency terms. Strength in sterling meant that returns from Japanese and Emerging Market indices ...
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RiverPeak Wealth Monthly Update for February 2019

Global Market Overview The start to 2019 has been much more positive for investors than the end of 2018. Global equities made good gains in January, recovering some of the ground lost in the fourth quarter of last year. The key reason for this seems to have been a reversal in the US Federal Reserve’s policy towards interest rates, with an indication that any further increases would depend on...
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RiverPeak Wealth Monthly Update for December 2018

Global Market Overview After the trauma of October, there was some respite in November although markets remain skittish and only really stabilised towards the end of the month when a meeting between President Xi and President Trump at the G20 indicated a potentially more positive outcome to trade talks between the US and China. There was also a boost provided by the Chairman of the Federal Res...
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RiverPeak Wealth Monthly Update for November 2018

Global Market Overview October proved to be a torrid month in global equity markets with the most significant monthly declines we have seen for six years. The MSCI World index fell 6.8% over the month. Many markets in local currency terms have come close to correction territory this year, defined as a fall of 10% or more, whilst the MSCI Emerging Markets index is nearing a bear market (a fal...
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RiverPeak Wealth Monthly Update for October 2018

Global Market Overview Asset classes produced mixed returns in September with most equity market eking out positive returns whilst government bond prices declined. The MSCI World index rose a modest 0.23% with the UK, US and Japan providing positive returns which were offset by Europe and Emerging Markets where investor sentiment continues to be negative. The best performing market was Japan w...
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