Market Commentary: December 2018

Here are this month’s highlights: Global risk assets saw little festive cheer in December, with stocks experiencing their worst quarterly drop since 2011. Having hit notable highs during the year, equities sold off sharply in December as investors continued to fret...

Market Commentary: November 2018

Here are this month’s highlights: Developed market equity markets staged a rally at month-end on news of a likely trade-compromise between China and the US, and a more dovish tone from the US Federal Reserve. While Emerging Markets benefited from risk-on sentiment,...

Market Commentary: October 2018

Here are this month’s highlights: October proved to be  a tough month for global risk assets, dubbed Red October by market watchers. Developed and  emerging equities were volatile and ended sharply lower, with a tech sell-off grabbing headlines. Energy prices declined...

Market Commentary: September 2018

Here are this month’s highlights: September was a month of contrasts: Even as new trade tariffs took effect in the Sino-US standoff, the US, Canada and Mexico brokered a deal on NAFTA; While South African growth languished, the US economy steamed ahead and the Federal...

Market Commentary: August 2018

Here are this month’s highlights: It was a mixed month for global risk assets – Emerging market equities struggled, with geopolitical tension and dollar strength feeding into perceived vulnerabilities. US growth continued to be particularly strong, while consumers...