Twelve trusts launched so far this year
Geopolitical impact on global markets
The US Treasury market has traded within its narrowest range for 40 years.
Trade war tensions a distraction
The US economy continues to be in very good shape. This was the message delivered by the Federal Reserve Chair Jerome Powell at the end of August: he sees a robust US economy and positive momentum, expecting the strong performance to continue.
Despite being considered expensive by some investors, the US equity market remains, for seasoned stockpickers, one of the most interesting places in the world to invest.
While many managers have been fighting the trend, it is difficult to ignore the continued outperformance of the US.