Keeping up to date with Gavin Management Group.

Newsletter: Volume 13, Issue 1, January 2016

2015 Was Hard On Asset Classes – The year 2015 was a difficult year for investors as the Greek crisis, the slowdown in China’s economy, terrorist attacks and the first rise in key interest rates by the US Federal Reserve in 10-years significantly increased volatility. As a result, both equities and bonds broadly produced flat-to-negative …

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Newsletter: Volume 12, Issue 4, October 2015

China’s Slowdown Creates Anxiety – The third quarter of 2015 posted the worst quarterly return in four years for global equities as the MSCI World Index dropped 8.5%. Investors feared that a significant slowdown in China and subsequent drop in commodity prices signaled an impending global recession (commodities were the worst performing asset class of …

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Newsletter: Volume 12, Issue 3, July 2015

Equities Become Range Bound – The second quarter saw global equities shrug off concerns over a “Grexit”, a stock market bubble in China, commodity softness, swift currency swings and a softer US economy to post a modest gain of 0.5% (in USD). The Greek debt situation dominated headlines over the last three months although contagion …

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