Church House Investments | Insights, News, Stock Picks and Opinion

Economic & Market Background - Spring 2023

21st Apr 2023

The start of 2023 has been mixed, with inflation and interest rates being the recurring talking points. James Mahon covers this and more in this extract from our latest Quarterly Review.

Viewpoint

Credit Commentary - Spring 2023

21st Apr 2023

Church House CEO, Jeremy Wharton, provides an in-depth review of credit markets over the first three months of 2023, including a comprehensive assessment of the 'banking crisis'.

Viewpoint

Global Equity market analysis - April 2023

19th Apr 2023

We wrote the last of this series of reports on global equity markets on 15th March, almost exactly coinciding with the pit of the gloom around the ‘banking crisis’.

Market Commentary

Tenax Absolute Return Fund activity - April 2023

19th Apr 2023

Base rates have carried on up, led by the US Federal Reserve, with the ECB still playing catch up. Ten-year yields in America are steady but they are rising again in the UK and Europe, concerned about sticky inflation, which has fallen again in the US but remains stubbornly high in the UK.

Portfolio Activity

Balanced Equity Income Fund Quarterly Report - April 2023

18th Apr 2023

London stocks followed the pattern of most markets over the first quarter of 2023: a strong January, drift back in February then alarm in March as the ‘banking crisis’ unfolded.

Portfolio Activity

UK Equity Growth Fund activity - April 2023

17th Apr 2023

After a quiet post-Easter week in the markets, our screens began to light up on Thursday afternoon as rumours about a bid for Dechra Pharmaceuticals spread. Post-close the Board of Dechra confirmed that they were in talks with EQT Fund Management regarding an all-cash takeover.

Portfolio Activity

Mitigating Inheritance Tax - a simple strategy

14th Apr 2023

With income levels at last on the rise, gifting out of surplus income is coming back into focus.

Your Wealth

Best Wealth Managers for high-net-worth investors

11th Apr 2023

James Johnsen, Director and Head of Private Clients, has been named by Spear's Magazine as one the best wealth managers for high-net-worth investors.

News

Multi Asset market analysis - April 2023

6th Apr 2023

Last month in this commentary, I was writing that February had seen a sharp reversal that took US ten-year yields back over 4% as central bankers fretted over stronger economic data.

Market Commentary

UK market analysis - April 2023

5th Apr 2023

The UK markets started the first quarter of 2023 with enthusiasm, which was swiftly extinguished by mid-March on the back of Silicon Valley Bank’s demise and Credit Suisse’s ‘merger’ with UBS.

Market Commentary

Esk Global Equity Fund activity - March 2023

28th Mar 2023

The first quarter of 2023 started so well with a buoyant January and early February, before some wild moves in the bond markets knocked the stuffing out of the rally and markets retraced to end-year levels.

Portfolio Activity

Fixed Income market analysis - March 2023

21st Mar 2023

The relative calm and stability of January and February compared to last year was abruptly shattered by the collapse of SVB (and a less important crypto bank failure) who repeated the mistakes of previous banking disasters by borrowing short and lending long.

Market Commentary

Insights