Global Market Overview – October 2020
October was dominated by negative COVID-19 headlines, with a splash of US election fear added to the mix. As virus case numbers climb, and lockdowns begin again, it can be difficult to separate near-term emotions from the long-term outlook. However it is important to think about the big picture.
When we step back, we remain optimistic about a global reco...
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Coronavirus Update
Coronavirus (COVID-19) Update – 30th October 2020
Since our last update, the weather has turned distinctly autumnal, the clocks have gone back and a so-called “second wave” of virus infections appears to be taking hold across Europe. The UK is grappling with a multi-tiered system of coronavirus restrictions whilst France has just announced a second national lockdown. Meanwhile, across the pond...
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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 – 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 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 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 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 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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