Life can be complex but with advice from one of our BMP advisers, your financial life needn’t be. Our team never forgets that BMP Wealth is helping you to manage your money.
The world economy has entered its sharpest and deepest recession since the Great Depression almost 100 years ago, yet equities are in the midst of a raging bull market. By the end of May, global equities, as measured by the MSCI World index, had returned 35% from the market bottom on 23rd March, an exact mirror of the 35% decline between the bull market peak on 19th February and the March 23rd low.
Passive strategies have popularised the latest innovation in pooled investment structures: the Exchange Traded Fund (ETF). This hybrid structure includes features of both listed investment companies, whose shares can be traded throughout the day but not necessarily redeemed at their net asset value (NAV) or ‘fair’ value, and mutual funds, which accept subscriptions and redemptions at NAV but can only be bought and sold at certain times…..
BMP Wealth welcome you to join us at our End of Year Event in the Foreign Correspondents Club on Tuesday, December 3rd at 6.30pm. Please click read more and click the register button to confirm both your and your guests’ places. We look forward to seeing you there!
