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Cirilium Blend Commentary - August 2022

UK: Suitable for retail and professional clients.

Date: 29 September 2022

Our market summary

Elevated inflation in the US, UK and eurozone further cemented central banks’ commitment to raising interest rates, creating jitters in equity and bond markets. However, August was a month characterised by extreme movements in senior currencies. Meanwhile, emerging markets significantly outperformed western markets for sterling-based investors, despite slowing Chinese economic growth and ongoing supply-chain issues.

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Ian Jensen-Humphreys

Portfolio Manager

Sacha Chorley

Portfolio Manager

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