Portfolio Factsheets Update

In 2018 nearly all asset classes lost money in sterling terms, 2019 however brought the reverse.

Despite earnings forecasts having been revised down during the year, the pace at which the US Federal Reserve grew its balance sheet (with renewed quantitative easing) seemingly drove market prices upwards. As we look ahead the spectre of US elections allied to low interest rates could help sustain current market valuations.  

Unsurprisingly all of our example portfolios posted positive returns, with most above trend; however in this uncertain world we take comfort from the high cash positions in each portfolio; providing our investment managers the ability to deploy capital when markets present opportunity.

The updated factsheets can be viewed at the bottom of the investments page, plesae contact us directly for further information.