Join Graham Bentley, chief investment officer, David Morcher, head of collectives research, and Amanda Tovey, head of Private Wealth, for a concise review of market performance for the first half of 2024.

The team covers Avellemy’s investment performance, comparing it to a number of key benchmarks and discusses the relative performance of equities versus bonds, with a focus on UK indices and global markets such as the US and Japan.

The discussion also addresses the impact of political events, inflation, and interest rates on market stability and future trends. Finally, it provides predictions and expectations for the second half of the year, including potential interest rate cuts and their market implications.

IMPORTANT INFORMATION

Past performance is not a guide to future performance and may not be repeated. Investment involves risk.

The value of investments and the income from them may go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is for information purposes only. Nothing in this communication constitutes financial, professional, tax or investment advice or a personal recommendation. This communication should not be construed as a solicitation or an offer to buy or sell any securities or related financial instruments in any jurisdiction. No representation or warranty, either expressed or implied, is provided in relation to the accuracy, completeness or reliability of the information contained herein. Any opinions expressed in this document are subject to change without notice and may differ or be contrary to opinions expressed by other business areas or companies within the group of Avellemy Limited as a result of using different assumptions and criteria.

Performance of MPS portfolio shown is based on the models held on the Parmenion platform and may differ slightly across other platforms. The performance shown is assuming income is reinvested and is net of the Ongoing Charge Figure (OCF). It does not include any other charges, such as Platform or Adviser Charges. Deduction of these fees will impact on the performance shown.

Avellemy is not authorised to provide investment advice to individuals. It is important that clients take a medium to long term view when investing and are realistic about performance outcomes. If a client wishes to obtain financial advice as to whether an investment is suitable for their needs, they should consult an authorised Financial Adviser. Clients should ensure they have understood the contents of their Adviser’s suitability report before proceeding with any proposed investment.

This communication is issued by Avellemy Limited. Registered office: Ground Floor Reading Bridge House, George Street, Reading, England, RG1 8LS. Avellemy Limited is registered in England and Wales (number 8197347) and is authorised and regulated by the Financial Conduct Authority (FRN: 650245).