Market Outlook Summary
FTSE 100 ends year down 12.5%
Global stock markets have had a turbulent 12 months, as investor confidence has been buffeted by trade tensions, uncertainty about the direction of the world's economies, fears of a global trade war and a ratcheting up of interest rates. Consequently, all the leading stock-markets indices are showing losses for the year.
Investor confidence in world economy at lowest since crash
Investors are more pessimistic about the world economy than they have been at any point since the 2008 financial crisis, according to a survey of leading money managers by Bank of America Merrill Lynch (BAML).
Barley a fifth of investments make a profit as market boom time ends
Just eight investment sectors delivered a positive return this year as markets were hit by a global sell- off, research has revealed.
Lindsell Train Funds
It has been a stellar year for this fund's manage, Nick Train, whos 'buy and hold' approach has shone in recent months. Train likes big consumer brands and particularly drinks groups, because they have loyal customers who continue to buy the products regardless of the economic climate. The Reeves Investment Team has previously identified & selected Lindsell Train funds for our clients' model investment portfolios.
A calm start to 2019
We start the year where we left off in 2018- with angst over US fed rates rises, Trump trade wars and a potential no-deal Brexit. Not to mention the halt to central banks' expanding balance sheets, or the bombed-out oil price. It was therefore pleasing to see a marginally positive, if somewhat subdued, start to 2019. Leading shares began the new year the same way that they ended the old, but they crept into the black in the final few minutes of trading.
It is important that no actions should be taken without first taking advice. Personal circumstances and an individual’s appetite for risk means that the advice for one person may not be the same for everyone. Please remember that the value of your investment can go down as well as up, and may be worth less than you paid in. Information is based on our understanding at January 2019.