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.
Despite the most significant wobble in bond and equity markets since the trough on 23rd March, risk assets still made further progress in June, extending the recovery to one of the sharpest on record. The MSCI World index returned 2.6%, led this time not by the US but by Europe and Asia, with gains of 3.8% and 8.2% respectively. China was particularly strong, up 9%, driving a return of 7.4% from emerging markets.
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!