Proposed Changes to Your Portfolio:
Our Reeves Confidence Barometer, a major factor in our tactical asset allocation, remains negative. This means that we believe a fall in the world's equity markets to be more likely than a rise over the coming months.
Changes to Portfolio
As stated above, we have successfully completed changes to our model portfolios for our Transact Clients. People on alternative platforms (Aviva/Aegon) will be contacted very soon.
Reeves MPH Portfolio
We are launching our MPH portfolio very soon. We have included a real life example on how one of our clients will implement the 'MPH portfolio' as part of their retirement plan. You can read more information here...
Comments from recent investment meeting
Rising Bond Yields stoke fears of global stock market retreat
Yields on government bonds continued to climb yesterday amid fears that a roaring American economy will prompt the Federal Reserve to raise interest rates further than expected and send world stock markets down.
The CBOE Volatility Index, the “fear index” for US shares, jumped by 30 per cent yesterday. This meant that it was on course to rise by at least 25 per cent in a day for the sixth time in a calendar year, a record. The index is a measure of stock market volatility.
NO CHANGE. We have anticipated a stock market correction for some time, which is why we have maintained our overweight cash levels.
Electra Private Equity PLC
Electra Private Equity has kicked off the sale of its remaining assets after agreeing the disposal of its investments in Photobox and Knight Square, which would bring shareholders dividends totalling £161 million. Electra said that once the two businesses were sold, it would carry out a “managed wind-down” of its investment portfolio.
The information in this blog or any response to comments should not be regarded as final advice. 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 October 2018.