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Market Commentary May 2024

Letter 3

After a relatively stable Q1, which saw equities climb on the back of the economy’s resilience, April saw fresh bouts of volatility.

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Market Commentary August 2025

July 2025 ushered in renewed optimism across financial markets. Alongside robust US economic data, sentiment was also driven by favourable...

Market Commentary July 2025

Q2 2025 saw strong rallies across most asset classes, apart from the US dollar and oil.