Head of International Portfolio Management, Shaun McDade looks back over an eventful 3rd quarter and discusses how the array of macro events affected markets.

Chapters:

Macro events over the quarter – 00:16

  • Interest rate cuts
  • Devaluation of the Yuan
  • Saudi oil disruption
  • Liquidity issues in US money markets

Impact of these events on markets – 09:39

  • Bond market strengthened
  • Equity market held up well
  • Commodities were weak (with the exception of Gold)

Outlook and portfolio positioning – 11:11

  • Conflicting signals from Sovereign debt versus equity & credit markets

Brexit – 15:29

  • The uncertainty continues
  • UK market is cheap relative to US and EU

 

View the written the Quarterly Commentary for Q3, 2019


The content of this interview is for information purposes only and does not constitute an offer or invitation to any person. The opinions expressed are subject to change and are not to be interpreted as investment advice. You should consult an adviser who will be able to provide appropriate advice that is based on your specific needs and circumstances. The information and opinions contained herein have been compiled or arrived at from sources believed to be reliable and given in good faith, but no representation is made as to their accuracy, completeness or correctness.

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MitonOptimal Portfolio Management (CI) Limited
PO Box 354,
St Peter Port,
Guernsey,
GY1 3XF

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+44 (0)1481 740044

Regulatory Information

MitonOptimal Portfolio Management (CI) Limited (Registration No. 36763) is licensed and regulated by the Guernsey Financial Services Commission under the Protection of Investors (Bailiwick of Guernsey) Law 1987, as amended.

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