August market update – best August for global equity markets since 1986
Tilney’s Head of Multi-asset Funds Ben Seager-Scott and Senior Research Analyst Louie French give their commentary on what happened in the markets over the month of August 2020.
The value of investments can fall as well as rise and that you may not get back the amount you originally invested.
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Published on 11 Sep 20201 minute read

August was another positive month for risk assets, as global equity markets recorded their hottest returns for the month of August since 1986.
In this edition
- Against this backdrop, equity market returns were strong across a number of regions, with fears of a second Covid-19 wave and rising geopolitical risks offset by another weak month for the US dollar and the continuation of accommodative economic policies from central banks and governments around the world.
- At the company level, technology focused companies continued to be the main driver of returns, as Apple became the first US company to reach the US$2 trillion valuation milestone and Tesla shares charged to a new record high.
- The weaker US dollar also supported another solid month for commodity prices, most notably the price of silver, which continued to rally after strong returns in July.
We hope you have found this update helpful. Please do get in touch on 020 7189 2400 if you have any queries or would like more information.
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