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...
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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...
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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...
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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 ...
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RiverPeak Wealth Monthly Update for February 2020

Global Market Overview After a strong end to last year, January saw a reversal in risk appetite with the news of an escalation in tension between the US and Iran and then latterly a novel strain of a flu-like virus rapidly taking hold in China and at the time of writing responsible for over 1000 deaths. With China as the epicentre of the outbreak it is not surprising that Asia and Emerging Mar...
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RiverPeak Wealth Monthly Update for January 2020

Global Market Overview Returns from global equities were strong again in December, rounding off a year in which all assets classes performed well, not only beating inflation but often generating double digit returns. The MSCI World index ended the year up 22.74%. In December the index rose 0.57% but this return was pared back by sterling’s strength versus the dollar. In local currency terms the...
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RiverPeak Wealth Monthly Update for September 2019

Global Market Overview Tit for tat trade proclamations between the US and China in August and increasing concerns about growth caused a widespread sell-off in global equities as investors sought the relative safety of government bonds. The MSCI World index declined by 1.51%. Japan proved the most resilient of the major markets in sterling terms with the TSE TOPIX index falling 0.62% after th...
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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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