Monthly commentary
Pro Tip?
This last week global equity markets have bounced around but have not repeated the declines of late January. Does that mean we have so soon seen the end of this short/sharp correction?
Of course, I don’t know. My recent Monthly Briefing comments in summary were that we were seeing a ‘sensible’ correction and not pessimism that was anticipating a grinding recession. So I would allow a ‘maybe yes’ in answer to that question.
Watching Brief – February 2022
Pottering About
Many elements of global stock markets are in genuine ‘correction’ territory (usually a definition of a 10% or greater set back from the last peak). Is that something we should worry about and do we need to take any immediate actions to re-organise our portfolios?
Spoiler alert, as they say, – no.
Midweek Musings – a bit of gold?
Midweek Musings – a bear market in tech stocks?
Midweek Musings – Vanguard’s sustainable offering vs. building an ethical portfolio using ETFs
The Vanguard Sustainable Life offering
Not long back, I mentioned that Vanguard had announced that they would be offering multi-asset ESG (environment, social, governance) portfolios built using an actively managed approach, not something one would have expected, although I was aware that they were being criticised for the lack of ESG filtering of their main best sellers.
I initially and incorrecty assumed from the press release information that the products would be managed collections of ETFs (exchange traded index tracking shares), not direct holdings in individual businesses. That is the way the Vanguard Lifestrategy funds work.
I have now read a little more and the following may be of interest to readers who have ESG priorities when making investment calls. I have already written that there is indisputable evidence that more money is flowing into ESG filtered funds than the rest, and so all investors ought to take account of the obvious boost to the momentum factor.