This market commentary has been produced by the Investment Management team at Hanson Asset Management.
The month was dominated by politics in most developed markets with the canvassing of voters in the run up to the May election in the UK; nominations for the Democrat and Republican presidential candidates in the US, a poor showing for Miss Le Pen’s Nationalist Party in the French regional elections and the on-going will they/won’t they default saga for Greece. All of which the market seemed to shake off with minimal damage, which when coupled with ongoing atrocities in Syria, the general unrest in the Middle East, the Saudi attack on Yemen, Russian intransigence in Ukraine and the Petrobras scandal dragging more Brazilian politicians into its web, all amid a depressed oil price, was no mean feat!
The full report can be downloaded here.
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