Skip to main content

WealthSelect Active monthly commentary – April 2023

The portfolio manager’s latest portfolio commentary.

Date: 24 May 2023

Our market summary

Global equities eked out a modest 0.2% gain in April. Losses in China, which undermined Asian and emerging market equities, and a small decline in US equities due to the strength of sterling, were mostly balanced by strong returns from Europe with UK equities once again proving to be the top-performing region. Meanwhile, the banking sector continued to creak, particularly in the US, with the Federal Reserve (Fed) tempering short-term expectations for the US economy.

Continue reading the latest monthly commentary

The information provided in this article is not intended to offer advice.

It is based on Quilter's interpretation of the relevant law and is correct at the date shown. While we believe this interpretation to be correct, we cannot guarantee it. Quilter cannot accept any responsibility for any action taken or refrained from being taken as a result of the information contained in this article.