MARCH HIGHLIGHTS
Economic data continues to point to a slowing global economy, driving long term rates back into negative territory in the Eurozone.
Following the ECB in February, the Fed has now also adopted a decidedly more dovish tilt, with no more rate rises expected for the remainder of the year.
These were counteracting forces for global equities but, for the time being, the latter got the upper hand and most regional indices ended the month wit...
After another strong month global equities have now regained all of 2018's losses, and then some... At the end of February the MSCI World Index stood 4.7% higher than at the beginning of 2018.
Most heard reason for investors' optimism is lessened trade tensions between the US and China, averting what could otherwise quickly escalate into a full-blown trade war.
Our funds continued to perform well, with positive absolute returns for the SIF and Balance, and outpe...
JANUARY HIGHLIGHTS
Global equities regained almost all of their sharp December losses in January: up 7.9% in the case of the MSCI World, with all regions sharing in the spoils.
After a very tough 2018 for many quantitative strategies, 2019 also started promisingly in this regard: our long/short equity market neutral fund was up +3.7% in January.
Nevertheless: economic data continued to come in softer, confirming that markets anticipated correctly last year.
We are not alone in being relieved t...
