After a weak first quarter, global markets rebounded positively over the month of April, as the rate of growth in coronavirus cases slowed and governments around the world began to focus on their respective exit strategies from emergency lockdown measures.
In this edition
- There were broad gains across regions and asset classes, with equities the strongest asset class over the month despite the uncertain outlook for company profitability and for a number of industry sectors
- The traditionally more defensive asset classes, such as gold and core government bonds, also continued to be in demand amongst investors, which will be welcome news for governments given the scale of the stimulus packages announced to help prop up economies currently in lockdown
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This article was previously published on Tilney prior to the launch of Evelyn Partners.