Wealth Manager - the site for professional investment managers

Register for full access to Citywire’s Fund Manager database, news and analysis. Registration is free and only takes a minute.

Discretionaries deliver best monthly return since October 2011

Discretionaries deliver best monthly return since October 2011

January’s equity rally has seen private client portfolios surge ahead in to the New Year, initial estimates from Asset Risk Consultants (ARC) show.

According to the latest private client indices (PCI) estimates, Balanced Asset, Steady Growth and Equity Risk portfolios have all achieved their best performance since October 2011, following fairly limp returns for the last five months of 2012.

The strong start to the year – which saw the FTSE 100 power past 6,000 to an 18-month high -  has meant that three categories of portfolio, Sterling Balanced, Steady Growth and Equity Risk have made around half last year’s total returns in January alone.

Making the most of the rally were the Sterling Equity Risk portfolios, which posted a return of 5.7%.

This was streets ahead of figures posted during the second half of last year, which came in between a week 0.28% and 1.32%.

The more conservative Sterling Cautious portfolios missed much of the rally and made a more sober return of 1.4%. This was still far better than the last six months of 2012 when Cautious portfolios returned less than 1%, on top of the three months of negative returns posted last spring.

Meanwhile Sterling Balanced Asset PCI’s came in at 3.1% for January, while the Sterling Steady Growth category made 4.3% in January.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Investment Pulse: the highs and lows of 2014

Investment Pulse: the highs and lows of 2014

This week's Investment Pulse looks back at some of the biggest stories of the year as well as looking forward to 2015.

Play Inside ETFs: Why the US bull-run still has legs

Inside ETFs: Why the US bull-run still has legs

Global equities suffered a sharp sell-off in the third quarter but exchange traded fund investors are continuing to back the US to outperform in 2015

Play Paul Niven: I won't rip up the Foreign & Colonial Trust history book

Paul Niven: I won't rip up the Foreign & Colonial Trust history book

The newly appointed manager of the Foreign & Colonial trust talks about his plans for UK's oldest investment company.

Your Business: Cover Star Club

Manchester wealth firm hires Coutts director for London launch

Manchester wealth firm hires Coutts director for London launch

Former Coutts director Tony Robinson has joined Chartered Wealth Management to head the company’s newly opened London office.

Wealth Manager on Twitter