Rising global inflation, the prospect of interest rate hikes in the United States and the Russian invasion of Ukraine had a negative impact on global equity and fixed income markets in January and February. We have witnessed negative returns across all equity markets except of UK stocks which recorded small gains due to high exposure to the energy sector. On the contrary, dependence of Europe on Russian gas caused the Eurozone stocks to suffer the most. Government yields across the world were also negatively impacted by the elevated inflation and expected tightening of monetary policy by the Federal Reserve in the US. Eurozone index-linked bonds ended February broadly unchanged compared to the end of 2021. Overall we saw negative performance across all risk allocations.
Global Acc:
| Date | Equity 0% | Equity 5% | Equity 10% | Equity 15% | Equity 20% | Equity 25% | Equity 30% | Equity 35% | Equity 40% | Equity 45% | Equity 50% | Equity 55.% | Equity 60% | Equity 65% |
| 31/01/2022 | -1.14% | -1.31% | -1.49% | -1.66% | -1.83% | -2.00% | -2.17% | -2.35% | -2.52% | -2.68% | -2.86% | -3.03% | -3.20% | -3.38% |
| 28/02/2022 | -1.50% | -1.52% | -1.55% | -1.57% | -1.60% | -1.62% | -1.65% | -1.67% | -1.70% | -1.72% | -1.75% | -1.77% | -1.80% | -1.82% |
| YTD | -2.63% | -2.82% | -3.01% | -3.21% | -3.40% | -3.59% | -3.78% | -3.98% | -4.17% | -4.36% | -4.56% | -4.74% | -4.94% | -5.13% |
| Date | Equity 70% | Equity 75% | Equity 80% | Equity 85% | Equity 90% | Equity 95% | Equity 100% |
| 31/01/2022 | -3.54% | -3.71% | -3.89% | -4.06% | -4.23% | -4.40% | -4.57% |
| 28/02/2022 | -1.84% | -1.87% | -1.89% | -1.92% | -1.94% | -1.97% | -1.99% |
| YTD | -5.32% | -5.51% | -5.70% | -5.90% | -6.09% | -6.28% | -6.47% |
Global Dis:
| Date | Equity 0% | Equity 5% | Equity 10% | Equity 15% | Equity 20% | Equity 25% | Equity 30% | Equity 35% | Equity 40% | Equity 45% | Equity 50% | Equity 55.% | Equity 60% | Equity 65% |
| 31/01/2022 | -1.18% | -1.33% | -1.49% | -1.64% | -1.79% | -1.95% | -2.10% | -2.27% | -2.42% | -2.57% | -2.73% | -2.88% | -3.04% | -3.20% |
| 28/02/2022 | -1.53% | -1.56% | -1.59% | -1.62% | -1.66% | -1.69% | -1.72% | -1.75% | -1.78% | -1.81% | -1.84% | -1.87% | -1.91% | -1.94% |
| YTD | -2.69% | -2.87% | -3.05% | -3.24% | -3.42% | -3.61% | -3.79% | -3.98% | -4.16% | -4.34% | -4.52% | -4.70% | -4.89% | -5.07% |
| Date | Equity 70% | Equity 75% | Equity 80% | Equity 85% | Equity 90% | Equity 95% | Equity 100% |
| 31/01/2022 | -3.35% | -3.50% | -3.66% | -3.82% | -3.97% | -4.13% | -4.28% |
| 28/02/2022 | -1.97% | -2.00% | -2.03% | -2.06% | -2.09% | -2.12% | -2.15% |
| YTD | -5.25% | -5.43% | -5.61% | -5.80% | -5.98% | -6.16% | -6.34% |
