RiverPeak Wealth Monthly Update for May 2020

Global Market Overview The recovery which began towards the end of March extended into April with global markets posting positive returns across the board. The MSCI World index generated a return of 9.04% over the month.  The S&P 500 was the best performing market with a return of 10.87%. Following March’s rout, the FTSE 250 also rebounded in April, returning 9.71% and outperforming the...
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RiverPeak Wealth Monthly Update for April 2020

Global Market Overview The sharp sell-off that began towards the end of February accelerated into March, as investors dramatically moved to ‘price in’ the increasing inevitability of a deep recession caused by the attempts of governments around the world to reduce the number of deaths from COVID-19. Volatility was exceptionally high and automatic circuit breakers in the US meant that the stock...
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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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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 December 2019

Global Market Overview Global equity markets continued to move higher in November. Trade negotiations between the US and China seem to have been constructive with no further escalation in tariffs.  Developed market equities outperformed emerging market equities with the S&P 500 achieving the highest return. The best performing sub-market was the FTSE 250 which outperformed the FTSE 100 as ...
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RiverPeak Wealth Monthly Update for November 2019

Global Market Overview October was a positive month for global equities as the US and Chinese authorities moved closer towards a partial deal on trade. However, a strong bounce in sterling as the prospect of a “no deal” Brexit outcome on 31 October receded meant that for sterling investors returns from overseas investments were negative. As risk appetite improved over the month government bonds...
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RiverPeak Wealth Monthly Update for October 2019

Global Market Overview Following a negative month in August when global trade concerns dominated investors’ thoughts, September saw a slightly more positive stance take hold with the MSCI World index advancing 0.93% in sterling terms. However there was a marked change in regional leadership in September with both Japan and the UK outperforming the world index. The FTSE All Share index generat...
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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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