Market correction: Investors urged to play 'the long game'

RSMR's Stewart Smith analyses sell-off

RSMR's investment research manager Stewart Smith analyses the causes of recent market volatility and urges investors to stay the course.

Monday saw reasonably significant falls in major global equity markets, which followed on from one of the worst days for the Chinese stock market since before the global financial crisis. The main Chinese equity index fell by over 8% leading to falls of around 4% to 6% elsewhere. The current concerns about China arguably started a couple of weeks ago when they announced the first devaluation of their currency versus the US dollar of approximately 1.9%. The four big questions for investors after 'Black Monday' meltdown At the time there were differing opinions as to whether this w...