Momentum Fact Sheet — September 2024
Portfolios Share Class A, B & C D E H I J R Momentum Harmony Portfolios Global Balanced A, B & C D E H J Global Growth A, B & C D E H J Sterling Balanced A, B &
Portfolios Share Class A, B & C D E H I J R Momentum Harmony Portfolios Global Balanced A, B & C D E H J Global Growth A, B & C D E H J Sterling Balanced A, B &
The key moment in the global monetary policy cycle finally arrived in September, the US Federal Reserve (Fed) delivering its first interest rate cut of this cycle, the only surprise element being its size at 50bps. Other major central banks, including the European Central Bank (ECB) and Bank of England,
The chart above shows the recent performance of Chinese equities, proxied here by the country’s blue-chip CSI 300 index of Shanghai and Shenzen- listed companies, following the announcement of monetary stimulus from the