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Sheldon MacDonald’s monthly update: Markets move sideways

2 months ago

Equity markets were largely flat in September.

It was an up and down month for the UK equity market, which continues to be beset by uncertainty around Brexit negotiations. As a result of this uncertainty, the value of sterling fluctuated in September. This had a knock on effect on equities, which although also saw some highs and lows ended the month relatively flat.

Read more about how Sheldon MacDonald, Deputy Chief Investment Officer, positioned the Architas Multi-Asset Blended Fund range and Architas Multi-Asset Passive Fund range last month in a shareable client-friendly PDF.

For more information, call us on 020 7562 4900; Monday to Friday 9.00am – 5.00pm, calls may be recorded.

The trade war initiated by President Trump is still being waged without any further surprises. The implementation of the previously announced tariffs by the US and the retaliation by China was largely expected so did not really move equity markets. Perhaps as a result of no further surprises we have started to see a recovery in emerging markets, which are badly affected by worsening trade relations.

Japan is one market that has begun to outperform alongside the US following positive retail sales and economic growth figures.

Sheldon MacDonald

CFA, Deputy Chief Investment Officer

Sheldon co-manages Architas Multi-Asset Blended, Architas Multi-Asset Passive and Elite Fund ranges, as well as the Architas Global Equity Income fund. He oversees fund selection and manages the products’ asset allocation and investment strategies. He also leads fund manager research on global equity, UK multi-asset and money market strategies.


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