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Global Update Piece – Written 23rd September 2020

Posted on October 1st, 2020 by Media Team

On the evening of the 22nd September, Boris Johnson addressed the nation once again, announcing tighter restrictions on our lives. Although the message was not as dramatic as the one delivered in March, both in the rhetoric used or the measures announced, the core message remains the same – COVID-19 is here to stay. What, […]

Material uncertainty on property valuations set to clear but fund suspensions likely to stay

Posted on September 9th, 2020 by Jack White

The path for suspended UK property funds to reopen has finally cleared with the Royal Institution of Chartered Surveyors (RICS) set to remove guidance on “material uncertainty” in the valuation of their underlying holdings.   The majority of funds across the IA UK Direct Property sector remain suspended after independent valuers instigated Material Uncertainty Clauses […]

Six in 10 furloughed concerned about job security

Posted on August 27th, 2020 by Robbie Holman

More than half of employees feel that their emotional wellbeing has been negatively impacted. Research from Perkbox has revealed that despite being on a job retention scheme, furlough has led to 61% of its workers feeling concerned over their future job security. In contrast, one in five (19%) who weren’t furloughed by a firm … Full […]

FCA Seeking Property Fund Reform?

Posted on August 3rd, 2020 by Jack White

Open ended property funds across the IA Direct Property sector are currently suspended owing to material uncertainty in valuing their assets amid the fallout from the coronavirus pandemic.   However, previous waves of suspensions, notably including the one seen the wake of the 2016 Brexit referendum, were linked to mass redemptions that managers were unable […]

Global Update Piece – Written on 31 July 2020

Posted on July 31st, 2020 by Robbie Holman

Yesterday, Donald Trump suggested that the U.S election needed postponing. Apparent fraud and inaccurate results could, according to the President, blight the 2020 election. Throw into the mix some of the dire economic announcements released recently and it is clear that, something that we have cautioned since March, markets could be volatile moving in to […]

Global Update Piece – Written on 17th July 2020

Posted on July 17th, 2020 by Robbie Holman

As we move into Quarter 3 of 2020, many will be forgiven for asking where this year has gone! It has been a challenging year for all, know doubt, with these challenges not subsiding when focussing on the end of 2020. Domestically, the UK’s ‘bounce back’ GDP figures disappointed significantly. GDP growth was just 1.8% […]

Global Update Piece – Written on 29 June 2020

Posted on June 29th, 2020 by Robbie Holman

Since the last update that has been provided on our website, the UK’s reopening has gathered significant speed. Households can now meet inside, travel corridors are being enacted with European countries and our local beeches have been filled with individuals from across the country. People who have warned of a second wave for this virus […]

Global Update Piece – Written 28 May 2020

Posted on May 28th, 2020 by Robbie Holman

Another week in the financial markets and hopes of a recovery have sparked a rise in the major market indices across the globe. Since our last website piece, the FAANG stocks have all reached new all-time highs (apart from Apple). The markets seem to be looking past the abyss of economic problems, in the assumption […]

Global Update Piece – Written 15 May 2020

Posted on May 15th, 2020 by Robbie Holman

Stock market history is packed with drama: the 1929 crash; Black Monday in 1987, when share prices lost 20% in a day; the dotcom mania in 1999. With such precedents, nothing should come as a surprise, but the past eight weeks have been remarkable, nonetheless. A gut-wrenching sell-off in shares has been followed by a delirious […]

Global Update – Written on 01 May 2020

Posted on May 1st, 2020 by Robbie Holman

Now that Boris Johnson has returned to full time work and next week we will receive a ‘comprehensive plan’ on how the economy will restart after the UK has past the peak, we seem to be seeing light at the end of the tunnel in our fight against COVID-19. However, whilst this is of course […]