Autumn webinar: Steering a steady course through a spooky quarter

This article was written by Thomas Becket and Richard Champion, Co-Chief Investment Officer's, and originally published by Canaccord.

We think investment markets have been positive this quarter, despite various geopolitical events. While the last 20 years of the investment landscape has often been marked by uncertainty, the past year has been mostly predictable. Still, we must stay on our toes for several reasons.

Firstly, the US election on 5 November is undoubtedly on most investors’ radar. While we see politics as mostly a short-term risk, the world remains a very politically challenging environment for investors. The election is currently too close to call, which won’t calm any nerves. However, it’s important to remember that volatility is a friend of the investor - it breeds opportunity.

Globally, the economy is slowing down, which we view as expected and necessary. We also anticipate more interest rate cuts, although constant urging of further cuts could trigger a second wave of inflation that the global economy is currently winning the war against. We are also looking ahead to the Labour government’s first Budget in the UK: will there be any significant change to inheritance tax or capital gains tax in particular?

Ultimately, we stand by the idea of buying sensible investments and holding them for a sensible amount of time, particularly stocks of ‘quality’ companies (those with predictably solid and consistent earnings).

In our latest webinar, Richard Champion and Tom Becket, Co-Chief Investment Officers at Canaccord, shared their insights on key topics from our outlook and addressed questions raised by our clients, including:

• Why the UK remains a good opportunity for investors
• Are shareholders in the UK selling up before potential changes to capital gains tax?
• Is the price of gold reflecting the unsustainability of the US economy?
• What does the outcome of Trump vs. Harris mean for your portfolio?

You may also be interested in:

• Is there a perfect time to invest?
• Whole of life cover for inheritance tax
• Has election fever positively impacted our client investment portfolios?

Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance.

The information provided is not to be treated as specific advice. It has no regard for the specific investment objectives, financial situation or needs of any specific person or entity.

This is not a recommendation to invest or disinvest in any of the companies, themes or sectors mentioned. They are included for illustrative purposes only.

The information contained herein is based on materials and sources deemed to be reliable; however, Canaccord Genuity Wealth Management makes no representation or warranty, either express or implied, to the accuracy, completeness or reliability of this information. Canaccord is not liable for the content and accuracy of the opinions and information provided by external contributors. All stated opinions and estimates in this article are subject to change without notice and Canaccord Genuity Wealth Management is under no obligation to update the information.