Market update Q2 2019: Solid returns continue unabated

Investors have many reasons to smile so far this year, with returns from global equities up 16% in US dollar terms by the end of the second quarter. 

This comes on the back of a further 3.5% growth in the quarter, despite fears that the global economy is softening at a time that geo-political tensions are rising.

Chris Stead, Melville Douglas’s head of International Portfolio Management, reports in this quarterly update video that clients’ portfolios reflect these gains. The Melville Douglas funds are also ahead, or in line at worst, with benchmarks this year.

Looking forward, he says, the expectation is that returns in the remainder of the year will be more moderate. The fund management team is confident that its investment strategies will continue to deliver gains relative to the market.