5%Global economic prospects improved in January and February because of a rebound in China’s economy following the end of its zero-Covid-19 policy in December 2022 and stronger-than-anticipated demand in the US and eurozone. Over the quarter as a whole, global equities and global bonds rose 4.53% and 0.21% respectively in sterling.
Read this articleThe Federal Reserve, European Central Bank (ECB) and Bank of England all tightened monetary policy on two occasions over the final quarter of 2022, with one rise in their official interest rates of three quarters of a percentage point followed by an increase of half a point.
Read this articleGlobal equities and global bonds fell 6.71% and 6.94% respectively in dollar terms over the quarter. They did, however, rise 1.49% and 1.24% respectively in sterling as a result of the pound’s 8.08% fall against the dollar, a fall that took its decline to 17.58% since New Year.
Read this articleGlobal equities and global bonds fell 15.53% and 8.26% respectively in dollar terms over the second quarter of 2022 but only 8.42% and 0.54% respectively in sterling because of currency movements. UK government bonds, sterling investment-grade corporate bonds and sterling high-yield bonds fell 7.86%, 7.83% and 9.10% respectively.
Read this articleGlobal bonds fell 3.47% in sterling over the rst quarter of 2022 in response to rising ination and interest rates, with the pound’s weakness masking greater losses in some overseas markets. UK government bonds fared worse, falling 7.46%, while sterling investment-grade corporate and high-yield bonds lost 6.63% and 3.39% respectively.
Read this articleGill Lakin, Brompton’s chief investment officer, analyses the market reactions to Putin’s invasion and discusses the prospects for the main asset classes in Brompton’s multi-asset portfolios.
Read this articleGlobal equities rose 6.29% in sterling over the nal quarter of 2021, ending the year up 20.14%. US stocks outperformed, rising 10.53% in sterling over the quarter, buoyed by US technology stocks, which gained 13.53% as investors braced themselves for more lockdown restrictions in response to the Covid-19 Omicron variant.
Read this articleBrompton Asset Management is delighted to be judged winner of the CFi.co – Capital Finance International 2021 award for Best Asset Allocation Strategy (UK). Dynamic asset allocation is at the heart of the Brompton multi-asset investment process because we believe this will be the principal driver of returns for investors.
Read this articleGlobal equities and bonds fell 0.95% and 0.88% respectively in local currencies over the quarter but rose 1.48% and 1.55% in sterling because of currency movements. Inflation data proved stronger than expected and central bankers turned hawkish.
Read this articleGlobal equities rose 7.39% in sterling over the second quarter of 2021 as the world economy recovered as a result of Covid-19 vaccination programmes, ultra-loose monetary policy and unprecedented fiscal stimulus.
Read this articleIn March, the Federal Reserve lifted its 2021 growth forecast to 6.5% as the recovery accelerated. Fed optimism was confirmed in April, when the initial estimate for first-quarter growth emerged at 6.4%, leaving the economy just 1% below its pre-Covid level.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses market reactions to this historically-significant public health crisis and examines the opportunities for investors going forward.
Read this articleGlobal equities rose 8.56% over the quarter to close a turbulent year 13.22% higher in sterling. Global bonds gained 3.28% in local currencies but fell 2.32% in sterling because of currency movements.
Read this articleGlobal equities rose 8.25% in local currencies over the third quarter of 2020 but currency swings reduced the gain to 3.46% in sterling. Global bonds gained 2.66% in local currencies but fell 1.88% in sterling.
Read this articleGlobal equities rose 19.81% in sterling over the second quarter of 2020, more than regaining the previous quarter’s loss to stand 0.80% higher than at the start of the year.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses the global economic downturn triggered by the Covid-19 pandemic and reviews prospects for equities, bonds and other asset classes in the wake of the coordinated monetary and fiscal measures introduced in the world’s major economies.
Read this articleThe world moved into lock-down to combat Covid-19. Hopes that the virus would be contained on the lines of Sars in 2003 gave way to panic. Equities ended the quarter down 15.87% in sterling. The economic impact will be large but should prove temporary.
Read this articleGill Lakin, Brompton’s chief investment officer, analyses the virus’s economic consequences and the likely impact on the UK equity market of the monetary and fiscal measures taken in response to the crisis.
Read this articleGlobal equities rose 1.46% in sterling over the final quarter of 2019, closing the year up 22.38%. Risky assets recovered from their late-2018 sell-off as the Federal Reserve changed tack, easing monetary policy through three interest rate cuts.
Read this articleGill Lakin, Brompton’s chief investment officer, analyses the consequences of Boris Johnson’s landslide victory and outlines the positioning of Brompton’s investment strategies now the Tories can “get Brexit done”.
Read this articleGlobal bonds and equities rose over the third quarter of 2019, returning 4.02% and 3.38% respectively in sterling as the Federal Reserve and the European Central Bank (ECB) eased monetary policy.
Read this articleThe second quarter of 2019 was a strong period for markets as global equities and bonds returned 6.28% and 5.76% respectively in sterling in response to increasing prospects of US monetary easing.
Read this articleGlobal equities rallied after the sell-off in late 2018, rising 9.79% in sterling over the quarter. A shift in US monetary policy and dovish rhetoric from the Federal Reserve chairman, Jerome Powell, stemmed the ebbing tide of investor confidence.
Read this articleThe year 2019 opened to a world of worry, contrasting with the investor optimism prevailing in January 2018. Global equities fell 10.57% in sterling terms over the nal quarter of 2018, erasing most of the previous two quarters’ gains and leaving the loss for the year at 3.27% in sterling.
Read this articleThe sharp falls in equities and bonds during early October overshadowed the benign market conditions of the third quarter of 2018. In the rst half of the month, global equities fell 6.40% in sterling, eradicating the 5.70% gain during the third quarter.
Read this articleGlobal equities and bonds rose 7.01% and 3.30% respectively in sterling over the quarter, with returns enhanced by the pound’s 5.88% fall against the dollar. Central bank announcements confirmed the gradual pace of global monetary tightening.
Read this articleJanuary’s investor optimism moderated in February in the face of stronger-than-anticipated US wage growth and evanesced in March on fears that President Trump’s trade war.
Read this articleBrompton Asset Management has won the 2018 Thomson Reuters Lipper UK small group award in the mixed assets class. The award recognises the achievements of Gill Lakin, Brompton’s chief investment officer, and her specialist multi-asset investment team.
Read this articleGill Lakin, Brompton’s chief investment officer, comments on the sharp fall in stockmarkets in early February 2018 triggered by fears of rising interest rates and outlines the positioning of Brompton’s investment strategies in the face of growing market volatility.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends over the final months of 2017 and the prospects for investors in 2018.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 3 of 2017
Read this articleBrompton Asset Management has appointed David Hedderwick, formerly a senior director at Stanhope Capital, the private investment office, as head of fund research. David’s skills will be deployed within Brompton’s investment team headed by Gillian Lakin.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 2 of 2017
Read this articleGill Lakin, Brompton’s chief investment officer, analyses the consequences of Theresa May’s failure to secure a Commons majority and outlines the positioning of Brompton’s investment strategies in the face of growing UK political uncertainty.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 1 of 2017
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 4 of 2016
Read this articleGill Lakin, Brompton’s chief investment officer, analyses the economic and financial consequences of Donald Trump’s surprise presidential election victory and outlines the evolution of Brompton’s investment strategies.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 3 of 2016
Read this articleGill Lakin, Brompton’s chief investment officer, outlines the changes the investment team has made in client portfolios in response to UK voters’ surprise majority for a departure from the European Union.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 2 of 2016
Read this articleGill Lakin, Brompton’s chief investment officer, outlines the attractions of UK blue chip stocks and emerging market equities ahead of the UK referendum on European Union membership.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 1 of 2016
Read this articleGill Lakin, Brompton’s chief investment officer, comments on the sharp fall in stockmarkets over the first six weeks of 2016 triggered by declining oil prices and fears but Chinese economic growth.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 4 of 2015
Read this articleGill Lakin, Brompton’s chief investment officer, comments on the first turn upwards in the US monetary policy cycle since 2006 and the likely impact on global financial markets.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 3 of 2015
Read this articleGill Lakin, Brompton’s chief investment officer, comments on China’s economic woes and their implications for investors as fears about Chinese prospects prompt waves of selling in global equity markets.
Read this articleGill Lakin, Brompton’s chief investment officer, comments on the Greek referendum, reflecting on the potential consequences of the ‘no’ vote for financial markets and client portfolios.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 2 of 2015
Read this articleGill Lakin, Brompton’s chief investment officer, comments on Greek financial crisis, reflecting on the potential consequences of Grexit for financial markets and client portfolios.
Read this articleGill Lakin, Brompton’s chief investment officer, comments on today’s general election result, reflecting on the consequences of the Conservative victory for financial markets and client portfolios.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 1 of 2015
Read this articleAs you look through our website you will discover more about Brompton’s dynamic asset allocation approach and the products and services we offer.
Read this articleBrompton’s chief investment officer outlines our dynamic approach to multi-asset investing, embracing asset allocation, fund selection and the construction of portfolios designed to meet the risk and return objectives of our investors.
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 4 of 2014
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 3 of 2014
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 2 of 2014
Read this articleGill Lakin, Brompton’s chief investment officer, discusses financial market trends for quarter 1 of 2014
Read this articleThe WAY Group’s £148 million Global fund range has been acquired by Brompton Asset Management. The funds will now be managed by Brompton’s multi-asset class team led by Gill Lakin, the chief investment officer.
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Commentary
Bank failures: Lehman revisited or buying opportunity?
The forced takeover of Credit Suisse by UBS over the weekend for CHF3 billion, down from a CHF116 billion peak valuation in 2007, put financial markets on newspaper front pages and brought back memories of the 2007-08 global financial crisis.
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