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March 2023 Monthly Commentary

March 2023 Monthly Commentary

While the regional banking crisis in the US was unrelated to the travails of Swiss bank Credit Suisse (CS), it laid the foundations for an intriguing month of March for financial markets. Global equities as measured by the MSCI World rose 3.2% while global bonds as...
January 2023 Market Commentary

January 2023 Market Commentary

January typically tends to be the strongest performing month, already, this appears to be vindicated with markets shrugging off the bearish sentiment of 2022 and turning bullish. Global equities as measured by the MSCI World rose 7.1%, while global bonds as measured...
December 2022 Market Commentary

December 2022 Market Commentary

2022 was a year that was plagued by high inflation, the war in Ukraine, further COVID-19 related lockdowns and painful central bank interest rate hikes. It offered investors limited places to hide, and as such, for many it may be a year they would prefer to forget....
November 2022 Market Commentary

November 2022 Market Commentary

November was a positive month for financial markets with global equities as measured by the MSCI World rising 6.8%. Better than expected inflation data was the key driver as financial markets anticipated a potentially slower pace of monetary tightening. While...
October 2022 Market Commentary

October 2022 Market Commentary

Although volatility remained elevated, developed equities rebounded this month returning 7.2%. The same can’t be said for other markets: emerging market equities fell 3% over the month and bond yields globally continued to climb with 10year yields in the US reaching...