Market Commentary: April 2022

Market Commentary: April 2022     Global Market Themes: No peaceful end in sight to Russia-Ukraine conflict Global food and energy prices tick higher, further fuelling inflationary fears United States (US) equities slumped, as earnings disappointment added to investor...

China Market Commentary: April 2022

China Market Commentary: April 2022   Here are this month’s highlights: To prevent a spike in deaths we expect lockdowns will continue in China and are likely to disrupt its economy. The most compelling reason to invest in China right now is the depressed valuations...

Market Commentary: March 2022

Market Commentary: March 2022     Global Market Themes: Ukraine dominates sentiment, tensions escalate between Russia and NATO-allied nations Further sanctions, supply chain disruptions boost global energy prices United States (US) announces the release of crude oil...

China Market Commentary: March 2022

China Market Commentary: March 2022   Here are this month’s highlights: Domestically, a resurgence of COVID-19 cases has led to local lockdowns in multiple cities including Shanghai and Shenzhen. Although volatility may persist in the near term, we remain constructive...

Is your goal income or capital?

The goal of retirement savings is to secure an income stream that funds expenses for the duration of a retiree’s life. A key objective for trustees to consider could therefore be articulated as “limiting the mismatch between a retiree’s future income and expenses.”...

Market Commentary: February 2022

Market Commentary: February 2022     Global Market Themes: Heightened tension, volatile markets as Russia invades Ukraine European equities largely lower, UK boosted by oil giants Sanctions and threats, frozen asset-holdings hit Russia and its political elite Risk...

The Russian Invasion of Ukraine

A complex geopolitical situation is unfolding in the form of the invasion of Ukraine by Russia. We describe this in some detail below. The situation has already, of course, had implications for markets, a brief summary of which we cover in the following paragraph...

China Market Commentary: February 2022

China Market Commentary: February 2022   Here are this month’s highlights: The MSCI China A Onshore index fell by 8.8% and the MSCI China index had a 3% decline. There are very few fund managers operating in the smaller companies’ space despite the vast investment...