August saw global equity markets grind higher, but gains were muted for UK investors as Sterling strengthened against the US Dollar and we concluded August with a rebalance across portfolios. Our previous rebalance in April, executed near market lows, proved well timed and was a key driver of the strong performance in the months that followed.
With valuations now looking stretched, particularly among large U.S. growth companies, this latest rebalance allowed us to take profits and realign portfolios with our tactical views. We continue to hold high conviction in smaller companies, emerging markets, and precious metal equities, which we believe offer superior long-term opportunities. Overall, portfolios remain well diversified and positioned to navigate ongoing market uncertainty and volatility….
Important Information
This video is for information only and does not constitute advice or recommendation and you should not make any investment decisions based on it. The views and opinions of this video are those of Casterbridge at the time of recording and may change without notice. Any opinions should not be viewed as indicating any guarantee of return from investments managed by Casterbridge nor as advice of any nature. It is important to remember that past performance and the value of an investment, and any income from it, may go down as well as up and the investor may not get back the original amount invested.