Coronavirus Update

Coronavirus (COVID-19) Update – 29th May 2020 Whilst the UK has been gripped by the “Cummings and goings” of the Prime Minister’s chief advisor, global stock markets have been making steady progress, responding, it seems, to the easing of lockdown conditions around the world. The MSCI World index rose 7.13% in sterling terms over the past fortnight. All the major indices posted positive retu...
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Coronavirus Update

Coronavirus (COVID-19) Update – 15th May 2020 Another fortnight has passed and as one day in lockdown merges into another it is hard to pinpoint if anything material has changed despite no let-up in the daily flow of news.  There has, however, been a change in market direction with all equity indices, except for Japan, posting negative returns over the past two weeks.  It always feels somewhat ...
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Coronavirus Update

In our last update, following a significant move upwards in global equity markets, we struck a note of caution. In the past fortnight stock markets have risen even further with the S&P 500 rising an astonishing 31.53% (in dollar terms) since the low on 23rd March (Source: FE Analytics as at 29/04/20). Meanwhile, there has been no significant breakthrough with regards to the virus and its sprea...
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RiverPeak Wealth Monthly Update for March 2020

Global Market Overview After initially shrugging off concerns about the coronavirus (COVID-19), investors started to respond negatively to news that the outbreak was spreading beyond China. Sharp falls in the last week of February resulted in a negative month across global equity indices. A stronger yen and dollar, both traditionally viewed as safe haven currencies, pared back losses for sterli...
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Coronavirus Update

We have been used to rising markets and low volatility for so long that it can be a shock when equity indices take a nose-dive.  After several weeks of apparent complacency, when markets continued to rise, some investors have, understandably, started to express their concerns about the spread of COVID-19 and its impact on the global economy with the FTSE All-Share falling over 10 percent in under ...
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