News

April provided some welcome relief for investors as market volatility fell over the month, with the Cboe VIX index falling to its lowest in more than a year at the end of April.

Developed market equities and bonds generally produced positive returns while emerging market equities lagged.

For UK investors, the higher than expected inflation data for the month increased the likelihood of further interest rates rises contributing to a fall in bond prices.

As a result investors in all currencies and risk categories are expected to see modest positive returns for the month.