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September market update – positive momentum in the US and Japan

Chief Investment Officer Chris Godding and Senior Research Analyst Louie French give their commentary on what happened in the markets and global economies over the month of September 2018.

Centre Chris Godding
10 October 2018

After a summer of heightened volatility linked to trade tensions and geopolitical risks, September was a relatively calm month for global markets.

What happened in the markets?

  • Developed equity markets were marginally positive, with US equities continuing their positive momentum and UK large-caps outperforming
  • The notable outliers over the month were Japanese equities, which rallied strongly and were boosted by a weaker yen and an agreement on trade with the US, subject to further talks
  • Elsewhere, income from UK commercial property continued to be positive, while capital growth showed signs of weakness


Read our market commentary


We hope you have found this update helpful. Please do get in touch on 020 7189 2400 or email if you have any queries or would like more information.


Important information

The value of investments, and the income derived from them, can go down as well as up and you can get back less than you originally invested. This is not a personal recommendation or advice to invest. Past performance is not a guide to future performance. Funds may carry different levels of risk depending on the industry sector(s) in which they invest. You should ensure that you understand the nature of any fund before you invest in it.