Axiome Quarterly Report
In our Investment Market Review we discuss the recent reversal in the equity markets and the outlook, which we believe is still positive, despite concerns over trade protectionism. Over the last quarter, fixed interest markets have been broadly flat whereas equity markets have experienced a sell-off, but this is in the context of a very good performance over the past year. The outlook for global growth remains good.
Our client education piece for this month draws on a recent study of active manager underperformance vs benchmark and compares the benefits of enhanced portfolio strategies in comparison to a single sector index strategy.