The initial market reaction to the thumping majority gained by the Conservatives was pretty much as expected. UK equities rallied across the board, with domestically focused sectors and small/mid cap … Read More

The Conservatives have won 364 seats and their largest majority since 1987. Not surprisingly UK markets have reacted favourably now the spectre of a hard-left Labour government has disappeared. At … Read More

Equities remain hostage to the incessant swings in sentiment over the state of the US-China trade talks. Last week started with Trump saying it might be better to wait until … Read More

After two weeks of little change, the rally in global equities resumed last week. US-China trade negotiations remain centre stage and the presumption is very much that a limited deal … Read More

With under three weeks to go to the UK general election, it is looking increasingly likely that the Conservatives will be returned with a majority. They remain at least 12% … Read More

We have recently added to our UK equity holdings, eliminating our longstanding underweight. Although uncertainties undoubtedly remain, our view is that the risk of the two most market unfriendly outcomes … Read More

Equity markets ended last week little changed. Investor focus remained firmly on the steady, but often conflicting, stream of sound-bites regarding the state of US-China trade negotiations. While progress remains … Read More

The ‘risk-on’ move in markets continued last week with global equities rising a further 1% or so in local currency terms, led by Emerging Markets and Asia. Government bond yields … Read More

Following a couple of failed attempts in July and September, global equities finally last week broke clear of their January 2018 high. Importantly however, at least for UK investors, the … Read More

Global equities rose 1.3% in local currency terms last week, the third consecutive weekly gain, and are back testing their 2018/19 highs. Markets failed to break through these levels in … Read More