Our latest commentary - Red October

As has been widely publicised, after a quiet summer equity markets slumped in October. The FTSE 100 fared relatively well compared to other global equity indices, a marked change from recent relative underperformance, but was still down 5.09% in October. The S&P 500, representative of the 500 largest companies in the US, was down 6.94% and Hong Kong’s Hang Seng index fell by over 10%. The Tech sector suffered more than most, with the MSCI Information Technology sector down 9.43%.