Our Investment Commentary for Q3 2017 (1 July – 30 September 2017)
The global economy continues to expand, with the recovery in Europe now looking particularly impressive. This is supported by solid growth in corporate earnings, and
The global economy continues to expand, with the recovery in Europe now looking particularly impressive. This is supported by solid growth in corporate earnings, and
Global equity markets have continued to exhibit late bull market characteristics, climbing a ‘wall of worry’ to record highs, an 8-year long bull market, the
Global equity markets have continued to perform strongly this quarter with the MSCI All-Country World Index up 6.7%.
Developed equity markets have performed strongly in Q4 and continuing sterling weakness against the dollar has inflated overseas returns for UK investors.
The Summer and early Autumn have seen some pleasing returns for UK investors, as continued sterling weakness has flattered overseas returns.
Global markets experienced substantial volatility in Q2 as they continue to grapple with a number of economic and political issues. Although the main focus for
Global equities experienced a sharp sell-off at the start of 2016, reflected by the FTSE World index which fell 12% in January. Due to weak
Markets experienced considerable volatility in 2015, which saw significant weakening of commodity prices driven by a slowing Chinese economy and, consequently, concerns over global growth.
Global markets were extremely volatile this quarter as concerns over China’s slowing economy became more pronounced. The impact was particularly strong on emerging and Asian
Q2 saw global equities fall by over 5% in sterling terms. Concerns surrounding Greece’s debt repayments and the future of the Eurozone weighed on world markets, particularly towards the end of the quarter.
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