News & Insights

After a difficult month for investors in October, James tells Leo why he’s optimistic about the markets following comments by Chair of the US Federal Reserve, Jerome Powell.

After a strong performance so far this year, September saw a reversal in fortunes for some of the US’s largest tech companies, while UK markets did relatively well. James tells Leo what he thinks is going on and highlights some positive news about one of Courtiers holdings.

Leo asks James about markets, the growth vs value story so far and while the sun's out, is it shining on any attractive new investments in the Courtiers Funds?

A recent US debt downgrade tempered the positive performance of equity markets in July, although Courtiers’ strategy of avoiding overpriced stocks means the impact on the Courtiers Funds has been relatively limited, says James Timpson, Fund Manager, Courtiers Multi-Asset Funds. James also mentions two new stocks recently added to the Courtiers portfolio.

This year’s market rally in the US has been dominated by just a few large tech companies, says James Timpson, Fund Manager of the Courtiers Multi-Asset Funds. While a combination of limited exposure to tech, stubborn inflation and higher interest rates means the UK market has underperformed, it also means the UK represents great value.

James Timpson, Fund Manager, Courtiers Multi-Asset Funds discusses what he describes as “a fairly topsy-turvy month” for markets in May, with tech stocks riding the AI wave bolstering the US market and the UK market struggling by comparison. He expresses relief that the US debt ceiling won’t be breached, at least for now, and explains why Courtiers is sticking to its value investing guns.