At the end of last year, the 2018 State of European Tech report revealed another record year of investment, writes Andrew Wolfson managing director at Pembroke Venture Capital Trust.
An impressive $23bn was invested in firms such as iZettle, Revolut, and Monzo, up from $5bn in 2013. Beneath the record-breaking headlines, however, a different trend emerged. The report found that...
Bond investors spent most of last year transitioning towards a more fundamentally driven approach to selecting assets.
There is something strange going on in Europe according to some commentators - the market has rallied aggressively post the trade war-induced sell-off in the fourth quarter of 2018.
We expect to see continued market volatility and macroeconomic uncertainty in the UK throughout 2019, not least due to Brexit.
US stocks had a turbulent last quarter in 2018 and have been somewhat volatile since the start of this year.
While we are stock-pickers, we do not ignore the business cycle; analysing it helps us determine when to allocate capital to certain companies.