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Cirilium Blend Commentary - October 2022

UK: Suitable for retail and professional clients.

Date: 29 November 2022

Our market summary

Most regional equity markets bounced back in October after a difficult few months, especially UK, US, and European equities. The MSCI World Index rose 4.9% over the month, although a stronger pound proved a headwind to overseas investments, particularly those in emerging markets. Central banks continued to increase interest rates as inflation showed little sign of softening, although investors now believe the US Federal Reserve (the Fed) will take its foot off the pedal in 2023.

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Ian Jensen-Humphreys

Ian Jensen-Humphreys

Portfolio Manager

Sacha Chorley

Portfolio Manager


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