It was a very challenging period in the markets last quarter. Concerns about high inflation and the prospects for global growth weighed on share markets, while the upward movement of interest rates continued to reduce the value of fixed interest investments.

The feature article this quarter takes an in-depth look at the recent performance of global fixed interest (bonds) along with a summary of the rationale in support of including bonds within globally diversified investment portfolios.

Going all the way back to the “Covid quarter” (March 2020) the global economy, and global markets by association, have delivered some highly unusual results. Some quarters have been extremely positive, and others very disappointing.

However, given the much lower investment values now available, it is not unreasonable to think the second half of 2022 may be better than the first half.

We look forward to keeping you informed on how the markets perform in our Spring Update due out in October.

Read our commentary and featured article here