Quarterly Investor Reports

Quarterly Investor Report 31 December 2019 A New Decade We go to press mid-January 2020 with the 2010’s in the rear view mirror and the 2020’s moving into full view.  The last decade has been incredible in terms of investment.  Many of the long held benchmarks and...

Quarterly Investor Report 30 September 2019  Economy and Strategy  BREXIT          Another Brexit deadline looms.  For three years we have watched from the sidelines and have been trying to work out what this means for our economy, our investors and ourselves.  We may...

Quarterly Investor Report 30 June 2019 Economy and Strategy We are midway through 2019 and into another chapter of the UK’s Brexit saga.  Currently, given the UK’s prime minister resignation and imminent departure, the Conservative Party is going through the process...

Quarterly Investor Report 31 March 2019 Economy and Strategy This quarter we delve into the real world of “realpolitik”.  Brexit has, once again, thrown the decision making process of fund managers into sharp focus.  What do you do when there is an imminent event, the...

Economy and Strategy 2018 is a year that many investors will be glad to see the back of.  Wherever you were invested you, are likely to have lost funds.   Market Return FTSE 100 -12.48% FTA All Share -12.95% S&P 500 -6.24% UK Property 7.45% UK 10 yr gilts...

Around 10 years ago, the Great Financial Crisis was thrust upon the globe and there have been many reviews of what has subsequently happened, with a focus mainly on bond and equity markets.  This quarter, we would like to present our own brief take on the crisis, with...

While global economics is a cauldron of indecision and questionable political leadership, having to make investment decisions in this environment is hard.  But that is what we are paid to do and if you can’t stand the heat …… UK 10 year gilt yields have steadily...

We want to go slightly off piste in this quarter’s QIR and ask, what lessons have we learnt regarding property investment over the years and how is this reflected in our current strategy?  We will also canter through the global economy in our usual manner. Economy and...

2017 will go down as one of the least anticipated years for investors globally.  Despite the heady levels markets reached at the end of 2016, there was much more to come with many markets delivering returns in excess of 20%.  In fact, the UK was a laggard, with a...

Quarterly Investor Report 30 September 2017 We have pleasure in providing our latest quarterly report where we explore the challenges facing the economy and the property market as the global political landscape changes.  In addition, we report the performance of...