Review of the Markets Over 2025

Review of the Markets Over 2025

Markets faced sharp contrasts in 2025. Early in the year, US tariff rates surged to levels not seen since the 1930s, effecting multiple sectors. This shock caused a crash in developed market equities. Tracked by the MSCI World Index, they fell 16.5% in the month of...
Monthly Market Review November 2025

Monthly Market Review November 2025

Global equities slowed in November after strong gains earlier in the year. The 43-day US government shutdown ended mid-month, but uncertainty over economic growth and monetary policy weighed on sentiment. Developed markets rose only 0.3% despite solid earnings and...
Monthly Market Review October 2025

Monthly Market Review October 2025

October delivered a mixed picture across asset classes. Developed market equities, represented by the MSCI world index, advanced 2%, driven by optimism around trade negotiations and strong corporate earnings. Global bonds faced headwinds, with the Bloomberg Global...
Monthly Market Review September 2025

Monthly Market Review September 2025

As the third quarter of 2025 comes to a close, we have seen a strong performance from all major asset classes. Easing trade tensions, artificial intelligence, and growing expectations for monetary policy easing by the U.S. Federal Reserve kept optimism up. September...
Monthly Market Review August 2025

Monthly Market Review August 2025

Global equity markets posted healthy gains in August, with bond returns being subdued. Investor sentiment was supported by a strong US corporate earnings season. Profits broadly outperformed analysts’ expectations, reinforcing business confidence and positive...