News

July was a fairly choppy period for financial assets. A strong start to the month gave way to some weakness later on, with the main driver of the US gains this year, the Mega-cap tech stocks, faltering slightly.

The resilient economic backdrop persisted into the second quarter, however, with data early on in the quarter was not perceived to be softening enough to provide much leeway for central banks to start cutting interest rates significantly.

Global equity performance was in positive territory for May, with indices in the US and European markets reaching new highs, though stickier inflation data towards the end of the month led to a small correction from intra-month highs.

Financial markets had a wobble in April after generally starting the year strongly. The period produced some slightly stickier-than-forecast inflation readings, which, in turn, lead investors to further question the forecasts for interest rate cuts this year, especially for the US, where the data continued to be robust.

Another quarter, another strong period for risk assets, with several equity indices reaching all-time highs.

Risk assets took things up a notch in February after a fairly modest start to the year, with a number of equity markets hitting major milestones. The S&P 500 went through the 5,000 mark for the first time and the Nikkei finally surpassed its previous high set in 1989.

Thomas Miller Investment (TMI), the investment arm of the of international market leading insurance services provider Thomas Miller, has announced it is to appoint David Smith as its new Chief Executive, subject to regulatory approval.

Recent official reports have pointed to weakening growth rates across the major economies. Perhaps the most notable report during the month was the publication by the US Department of Commerce, which showed that US Gross...

We are pleased to announce that the TMI Diversified Assets Fund has been awarded two 2022 Refinitiv Lipper Fund Awards for investment performance over 3 and 5 years. For more than three decades, these awards have...

Investment Commentary - Economic & Financial Market Impact of Russia's Invasion of Ukraine Russia launched an invasion of Ukraine on 24th February 2022. In addition to the human costs,...