In February, optimism surrounding the global vaccine rollout and renewed inflation expectations combined to drive up bond yields and cyclical…
Investment Comment
March 2021
Investment Comment
February 2021
After an eventful 2020, the New Year began with several major changes. Joseph Biden was inaugurated as the 46th President of the United…
Investment Comment
January 2021
December saw a resurgence in coronavirus disruption worldwide, leading governments to impose travel restrictions and lockdowns. A new…
Investment Comment
December 2020
November was an eventful month for capital markets. Joseph Biden won the US Presidential election, and there were breakthrough trial results of Covid-19…
Investment Comment
November 2020
Coronavirus cases continued to rise globally in October, and several countries saw a return of lockdown measures aimed at containing the virus. Political…
Investment Comment
October 2020
The global equity market rally that had powered stocks into positive year to date territory lost steam in September. The MSCI World ended…
Investment Comment
September 2020
Global stocks recorded their largest August gain since 1986. Apple became the first US listed company to reach a $2tn market capitalization. The…
Investment Comment
August 2020
In July, the full impact of the coronavirus pandemic was seen on a national level in quarterly GDP data. The US recorded a…
Markets remained unsettled in March by the rise in US Treasury yields and concurrent rise in inflation expectations. This has broad implications across…