Coronavirus Commentary 27th March 2020
Meanwhile there is mounting evidence that much of Asia has the virus under control and that China is continuing to get back to work. This is happening just as the West is locking down so obviously exports will be impacted for the duration of such. However, it is still good to see that there is economic resurrection post the viral collapse. As we are in the early stages of lockdown it doesn’t seem like it in our daily lives at present, so another perspective is useful.
Coronavirus Commentary 19th March 2020
The UK has already pledged £32 billion in immediate relief plus another £330 billion in loan guarantees. The US are proposing over US$1 trillion in relief including direct payments to families. Mortgage and rate relief is also being introduced.
Coronavirus Commentary 13th March 2020
In the West equity markets have fallen more than I thought they would but in China the reaction has, hitherto, been more muted and if anything a little less dramatic than one could have anticipated.
US Research Trip March 2020 commentary
Some heavily indebted companies, mostly within travel related industries, will likely fail but by year end the virus will be another talking point in annual reviews rather than something like Lehman which fundamentally changed the global economy.
Coronavirus – Market update March 2020
Given the latest dislocation in financial markets globally I would like to update you on my thoughts on how I see things developing and what actions I am taking. I would like to say straight away that I am not a virologist and last formally studied biology at age fourteen. However I have, as a […]
Commentary, January 2020 Asset Allocation
Not much has happened since the last meeting at the end of November. Apart from the UK election, the assassination of Iran’s General Soleimani by the US, the outbreak of the coronavirus in China, the signing of Phase One of the Sino-US trade agreement and the impeachment of the US President.
Q4 Commentary, January 2020
I still expect 2020 to be better for the industrial economy than 2019 but the more predictable the outlook for global trade becomes the more meaningful the improvement will be.
Commentary, November 2019 Asset Allocation
Lastly, the other change in investor behaviour of late is that they seem to have fallen out of love with fast growing loss making companies. Privately owned WeWork is the poster child of this ilk
Q3 Commentary, October 2019
When one combines the facts some parts of manufacturing have been in a decline for a while (the nascent recovery earlier in the year being sniffed out by the re- escalation of trade issues in May) and both Central Banks and governments anxious to avoid deflation, then there is a good chance things shall improve from here.
Commentary, July 2019 Asset Allocation
UK Markit Manufacturing PMI below 50, a 14% drop in investment into the UK from foreign firms, the Japanese Tankan report, US Philadelphia Fed Index reading of 0.3 versus 10.4 expected, Chinese Manufacturing PMI below 50 and a 2.2% drop in German factory orders in June are all examples of industrial weakness.
“Jeremy is always easy to contact and is happy to meet as frequently as I feel is necessary. He is measured and empathetic to my situation. He always deals with ad hoc requests swiftly and he has provided advice over and above that which I am paying for.”
“Roland prepares well for our review meetings and always allows plenty of time for a full discussion of our affairs and explanations of relevant new developments/legislation. He always deals with our affairs and any queries that may arise during the year promptly and efficiently. We are very pleased with all aspects of the service we receive.”
“Harpsden provided us with excellent, complete and impartial advice. Jeremy Arthur’s understanding of matters peripheral to investments was very good and his knowledge enabled us to question and clarify other advice being provided by other advisers. We have complete trust in them which we have not always felt with other financial advisers.”
“Jeremy has been an exemplary advisor, offering me excellent professional advice, showing absolute professional discretion and where appropriate connected me to useful contacts. It has to date been a pleasure working with Jeremy.”
“Jeremy has been very professional from day one and has always taken the utmost care in finding out what I needed and how to best provide that for me. It does not end there, we meet on a regular basis to discuss where I am and any changes in my short or long term plans. I would wholeheartedly recommend Jeremy without any hesitation what so ever.”
“I completely trust Roland. He’s clear in assessing the level of risk I want to adopt, in advising on my current position and the options available, and in explaining his reasons for his advice on the best way forward. I have been using him for many years, and trust him so much that he is now also advising my wife, my 2 children, my mother and also acted (until her death) for my aunt!”
Top 100 Financial Planning Firms 2019
Finalist: Adviser Firm of the Year – South East
Finalist: Financial Advisor Team of the Year 2018/19
Winner: Adviser firm of the year (UK)
Winner: Adviser firm of the year – South East
Top 100 Financial Planning Firms 2018