Investment update

Performance Update June proved to be a good month for our portfolios. They grew by between 1.46% and 2.10% (see below).   The positioning of the portfolios before the referendum vote included being overweight overseas equities which ultimately proved to be a good decision as sterling slumped. This ensured the value of our overseas investments…

Post-EU Referendum reaction

Post-EU Referendum reaction This was not the result markets were expecting with UK assets staging a relief rally up until polls closed, on the view the ‘Remain’ campaign had done enough to secure victory. However, unlike last year’s general election, this time around the polls proved far more indicative of the final result as too…

Pension annual allowance

From 6th April 2016 individuals with ‘adjusted income’ of more that £150,000 will have their annual allowance restricted. ‘Adjusted income’ means the total amount of income for the tax year on which an individual is subject to income tax. This includes salary, bonus, profits from self-employment, benefits in kind, pension income, income from property, savings,…

   INVESTMENT UPDATE

  Performance Update February involved a “game of two halves” in which stock markets fell significantly before recovering and eventually showing an overall gain. The FTSE100 at one stage was down nearly 9% before recovering to gain 0.82%. Over the month the portfolios grew by between 1.67% and 1.72% and have outperformed against their benchmarks…

Performance Update 6th January 2016

Performance Update The “Santa Rally” failed to materialise this year with losses in most stock markets seen in December. The FTSE 100 fell 1.71% and the MSCI world index retreated 2.12%. Most stock markets appear to be “stuck” with few displaying strong upward or downward trends. Despite this the portfolios remained relatively flat changing by…