Investment Commentary – November 2015

November 6, 2015

The month of October proved positive for a large number of global financial assets as fears concerning Chinese growth appeared to recede. Volatility as viewed through the VIX gauge fell throughout the month, undoing much of the swell witnessed during August’s turbulence.


The S&P Europe 350 recorded its best performance since July 2009, with a total return of 8.5%. European stock markets began the month positively; global equities rebounded as volatility measures tempered. Markets surged further in late October – just as the euro tumbled – in response to strong hints from European Central Bank president Mario Draghi of an increase in stimulus this year.  Leading the charge in global equities were the S&P 500, Stoxx600, Nikkei and Hang Seng with respective total returns of +8.4%, +8.1%, +9.7% and +8.8%; with the FTSE 100 delivering 5.2%.


Investment Commentary November 2015

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