Investment Commentary

See the latest thoughts from the fund management team here.  We discuss the main economic themes, investment trends and political developments and explore the implications of these for the Future Money portfolios and wider markets.

These articles are intended only for the use of professional financial advisers.

They do not constitute advice or verified factual information.

Latest Investment Commentary

Market Update

30th September 2021

The emergence of inflation has been the main story occupying markets over recent months. Central banks, however, have been largely dismissive, with the bulk of price rises linked to one-off covid-linked events. Consequently, rising inflation has been tolerated as merely a transitory effect. Yet, a change in consensus may now be emerging.
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Market Update

6th August 2021

Investment markets often react in anticipation of an event rather than in reaction to it. Such has been the case throughout the recovery phase of market growth since the depths of last spring.
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Market Update

8th July 2021

In August 2020 the US Federal Reserve changed its mandate in order to target an inflation rate which on average is 2%, rather than a precise 2% target. In effect this meant that the central bank could allow the economy to grow further before the brakes are applied.
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Market Update

24th June 2021

The era of high inflation is upon us. If we were in a more sensationalist mood, this article could probably end here. Taking a more thorough approach, however, and the first question to ask is just how long will this era last?
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Market Update

9th June 2021

Markets are calm currently, but with US and China inflation numbers emerging anxiety over central bank tightening could develop. Meanwhile, with bitcoin continuing its losses the irrationality of bubble behaviour becomes all the clearer.
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