Weekly Round-Up, 29th July 2024 Global equities recorded mixed returns for the second consecutive week, with small-cap and value shares continuing to outpace the large-cap growth stocks that have led the market over much of the year. It was a tough week for US markets, with the S&P 500 Index selling off on Wednesday […]
Monthly Archives: July 2024
Global stock lost ground last week, with the US market losing ground and posting its worst week since April. On the face of it, last week was a soggy week for stocks after a strong recent run which has seen them rise by c9% since mid-April. However, beneath the surface there was a big rotation, […]
Please fnd Magnus’ second quarter investment update here.
Watch Watch Rory McPherson, Chief Investment Officer at Magnus, provide insights on economic growth in the U.K. and the FTSE 100 during his appearance on CNBC’s Squawk Box on July 11, 2024.
Global stock markets fell modestly last week. This was due to Pound strength which meant that modest gains in US stocks actually translated back to losses (when converted back to Sterling). Away from the US markets, gains were pretty decent across the board, with Japanese shares leading the way. This week markets will be focused […]
Global stock markets rose last week, with US technology shares driving most of the gains. Although a small part of the global index, UK shares also posted a good week, with domestically focused shares doing best. The UK General Election result dominated the headlines, and the result now means that UK markets can get back […]
The second quarter of 2024 was built on the strength of the first quarter, with global equity markets rising by 2.6%. [1] Gains in global equity markets were thinly spread, with the US tech sector driving most of the returns, whilst UK share markets enjoyed good gains on the back of improving corporate earnings and […]
Nobel Prize winner Harry Markowitz is reported to have said that “diversification is the only free lunch in investing”. We agree! Our goal at Magnus is to give our clients the best returns, while taking as little risk as possible. Our approach targets high “risk-adjusted” returns in finance speak, or put simply, the best possible […]
With the US stock market bobbing around at record high levels, it might seem a bit odd to cite the economy as showing signs of creaking! However, (much like the stock market itself!) there’s two clear strands to the US economy: one that’s reaping the rewards of record high prices and the other that’s bearing […]
Global stock markets were flat last week but this didn’t take the shine off in what was a very strong month of returns (for June), with the global share index up by 2.9%. UK stock markets have been treading water over the last few weeks and will look forward to this week’s General Election for […]