What’s hot this summer?

In August, we asked FundCalibre visitors which market they thought would heat up over the rest of the summer. It was a close call between the UK and Europe with Europe pipping the post at 32%. 30% thought the UK, 20% emerging markets and 18% the US.

However, as Clive discusses in his latest market commentary, August (usually a very quiet month for markets), was extremely volatile and none of the markets posted a positive gain for the month.

The US held up best, falling 4.4%², followed by the UK (down 5.35%²), Europe (down 5.73%²) and emerging markets (down 6.53%²). The only saving grace was that, in the last week of the month, all markets had fallen by 10% or more, so we have had a slight recovery.

¹Based on feedback from 77 FundCalibre visitors from 01/08/15 – 31/08/15

²Data sourced from FE Analytics, 3rd to 31st August 2015. Indices used: FTSE All Share, MSCI Emerging Markets, MSCI Europe ex UK and S&P 500

The views of the author and any people interviewed are their own and do not constitute financial advice. However the knowledge that professional analysts have analysed a fund or trust in depth before assigning them a rating can be a valuable additional filter for anyone looking to make their own decisions. Before you make any investment decision make sure you’re comfortable and fully understand the risks. If you invest in fund or trust make sure you know what specific risks they’re exposed to. Past performance is not a reliable guide to future returns. Remember all investments can fall in value as well as rise, so you could make a loss.