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

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

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

Tenax Absolute Return Strategies Fund activity - March 2023

20th Mar 2023

Having got off to a good start, 2023 then became a tussle with rates being pushed sharply higher through February then all the way back down over the past couple of weeks.

Portfolio Activity

Global Equity market analysis - March 2023

15th Mar 2023

January looked so promising for equity markets. Led by a resurgent NASDAQ, all the leading markets put in a strong performance.

Market Commentary

UK Equity Growth Fund activity - March 2023

14th Mar 2023

February/March earnings season seems to get more congested every year, with most of our portfolio companies having reported over the last few weeks.

Portfolio Activity

UK market analysis - March 2023

13th Mar 2023

We have just returned from an uplifting trip around Britain and Northern Ireland, speaking to current and potential investors in our funds.

Market Commentary

Multi Asset market analysis - March 2023

8th Mar 2023

After the relief for bond markets in January as longer-term yields fell back despite the latest round of base rate increases, February saw a sharp reversal.

Market Commentary

Ditches, Hedges and Trophies

7th Mar 2023

Hedgelaying and Point-to-Point were at the centre of Church House support for the countryside this winter. James Johnsen shares more.

News

Fixed Income market analysis - February 2023

22nd Feb 2023

According to forecasts last year major economies should be in recession by now.

Market Commentary

Insights