Ashburton Global Growth Fund

Multi asset fund targeting capital growth

  • Multi-Asset Funds: October to December 2025

    Jarred Sullivan

    Global markets experienced heightened volatility in the final quarter, driven by a confluence of disruptive factors including, but not limited to, the US government shutdown, conflicting signals from the Federal Open Market Committee (FOMC) members, an unprecedented surge in Japanese sovereign bond yields and geopolitical shocks such as the resignation of France’s Prime Minister.

  • Multi-Asset Funds: July to September 2025

    Jarred Sullivan

    Global equity markets extended their upward momentum through the third quarter, with the MSCI All Country World Index advancing 7.7% (USD) by the end of September.

  • Multi-Asset Funds: April to June 2025

    Jarred Sullivan

    Global equities rebounded over the quarter, with the MSCI All Country World Index surging 11.7%. However, geopolitical uncertainty remained a central concern for market participants.

  • Multi-Asset Funds: January to March 2025

    Jarred Sullivan

    This year has certainly been characterised by immense uncertainty in global markets. Global equities declined over the quarter, with the MSCI All Country World Index falling 1.2% and the S&P 500 declining by 4.3%. The primary reason for the downturn can be ascribed to a valuation multiple de-rating in the United States (US), driven by a confidence shock among global investors.

  • Multi-Asset Funds: September 2024

    Jarred Sullivan

    During September, volatility was particularly prevalent at the beginning of the month - in line with During September, volatility was particularly prevalent at the beginning of the month - in line with historical seasonality. historical seasonality.

  • Multi-Asset Funds: August 2024

    Jarred Sullivan

    Global equity and bond markets climbed higher in August predominately supported by relatively dovish monetary policy rhetoric from Fed Chair, Jerome Powell, in his speech at Jackson Hole.

  • Multi-Asset Funds: July 2024

    Jarred Sullivan

    Geopolitics continued to be the central theme across the globe as election risk remained in focus.

  • Multi-Asset Funds: June 2024

    Jarred Sullivan

    Geopolitical tensions have been rife across the globe as election risk took centre stage over the month.

  • Multi-Asset Funds: April 2024

    Jarred Sullivan

    Inflation statistics, particularly in the United States, surprised to the upside over April leading to fewer interest rate cuts being priced in 2024

  • Multi-Asset Funds: March 2024

    Jarred Sullivan

    Some noteworthy central bank activity took place over the month – key among them, the US Federal Reserve (Fed) and the Bank of Japan (BoJ).