News and events
Easy does it
Economic statistics fell off a cliff in May, but as chief investment officer Julian Chillingworth notes, investors were already anticipating a big bounce as economies began to reopen.
Read time: 3 mins
This too shall pass
Amid an alphabet soup of economic forecasts, chief investment officer Julian Chillingworth looks for the ingredients of a lasting recovery.
Read time: 3 mins
March madness
Markets are jig-jagging like a frightened hare as wholesale lockdowns and extraordinary stimulus have streaked across the globe. Our chief investment officer Julian Chillingworth reports on the month.
Read time: 6 mins
Expect the unexpected
As Covid-19 rattles markets and investors scramble for safety,. our chief investment officer Julian Chillingworth considers the longer-term implications for the global economy and also looks at the narrowing Democratic primary race to take on Donald Trump.
Read time: 4 mins
The journey begins
After many debates, votes and faff, the UK is just about ready to start leaving the EU. Chief investment officer Julian Chillingworth takes a look at the year ahead and the one just gone.
Read time: 4 mins
Snakes and Ladders
Another deadline, another delay to Brexit – and now another election on top. Meanwhile, the tennis match between China and the US over trade continues, notes our chief investment officer Julian Chillingworth.
Read time: 5 mins
Blinkers are for horses
Investors are galloping from one extreme to the other in all sorts of markets. But nothing is black and white, warns chief investment officer Julian Chillingworth, so investors should try to focus on the longer term effects and ignore short-term craziness.
Read time: 5 mins
A last gasp
At his penultimate meeting, outgoing President of the European Central Bank (ECB) Mario Draghi announced a series of measures to ease monetary policy in the listless region. The bank cut deposit rates by 10 basis points to -0.50% and will restart quantitative easing (QE) on 1 November. At just €20 billion (£17.7bn) per month it’s peanuts compared to historic QE – since 2015 the ECB’s bond purchases have totalled €2.65 trillion – but crucially the new programme has no set end date. Until inflation gets back to 2% and stays there, QE and zero rates are here to stay.
Read time: 4 mins
The weight of a pound
A ghoulish Brexit is weighing on sterling and Donald Trump trade war with China is weighing on the Federal Reserve. Chief investment officer Julian Chillingworth looks at the effects of both.
Read time: 7 mins
It doesn’t add up
Stocks soared to new highs in June, but more pessimistic bond markets tolled a more ominous note amid weaker growth, falling earnings, trade tussles and other troubles. Chief investment officer Julian Chillingworth considers the mixed messages coming from stocks and bonds.
Read time: 4 mins
New EU inmates take over the asylum
The world seemed to unravel further last month, with British voters electing members to the EU Parliament whose goal is to leave it, and Donald Trump continuing to wield his trade cudgel. Our chief investment officer Julian Chillingworth considers the implications.
Read time: 5 mins
Mixed signals
Equity markets are in a happy mood, climbing through a fog of uncertainty with omens of recession tolling from the bond market. Julian Chillingworth, Rathbones chief investment officer, explains why we think it still makes sense to stay invested, but with vigilance.
Read time: 3 mins
Bespoke fund EGM results
For the EGMs held 28 September 2022 for Rathbone Pharaoh Fund, Rathbone Quercus Fund, Rathbone Sherwood Fund, Rathbone Sussex Fund, and Rathbone Dragon Trust, results of the resolutions have been communicated with investors as appropriate. For more information, please contact your usual Rathbones representative.
Heritage fund EGM results
At an EGM of shareholders held 26 January 2022, the resolution that the scheme of arrangement (the “merger”) between Rathbone Heritage Fund and Rathbone Multi-Asset Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (as detailed in the Information Pack sent to shareholders on 15 December 2021), was passed. Accordingly, the merger is expected to take place on 22 April 2022.
Rathbone Heritage fund merger
As part of an ongoing review of our portfolio of investment opportunities for clients, we are informing you of a proposed merger of the Rathbone Heritage Fund (the “Heritage Fund”) with the Rathbone Strategic Growth Portfolio, a sub-fund of Rathbone Multi-Asset Portfolio (the “Strategic Growth Portfolio”).
Investment Risk Director for Rathbone Unit Trust Management
It is with pleasure that we can announce that Elizabeth Davis has been promoted to the role of Investment Risk Director for Rathbone Unit Trust Management. Although she remains an integral part of the investment team, the managership of the Rathbone Heritage Fund stays within that team, with ultimate responsibility reverting to Carl Stick.
Be clear, be trustworthy
Brits are on board with investing sustainably to make the world a better place, but impenetrable jargon and complicated processes are preventing them from doing so. We need to try harder to speak their language, says Rathbone Global Sustainability Fund manager David Harrison.
In pursuit of green
Sustainable investing isn’t just about avoiding the risks of outdated businesses or environmental PR disasters, explains our Global Sustainability Fund manager, David Harrison. It’s also about spotting opportunities that can be captured if you keep your eyes on the future instead of the past.
Cutting cost is good, investment is better
Ten years ago this month, the American stock market, stricken by the global financial crisis, bottomed out and started one of the longest upward market trends in history. Now, a decade on, Rathbone Income fund manager Carl Stick thinks it’s appropriate to talk about change.
