Monthly Update: June 2018
Since 2008, the small cap., value and income segment has been a great place to be and Athelney Trust has done particularly well to be in exactly the right spot. Not so[…]
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Monthly Update: May 2018
The Athelney Trust unaudited NAV rose by 1 per cent in May which, on the face of it, seems a fairly reasonable performance but, alas, the past month has again[…]
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Monthly Update: April 2018
A slight improvement was noticeable in April, with the Athelney Trust unaudited NAV creeping up by 1.7% but still lagging the various small cap. indices over the month and well[…]
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Monthly Update: March 2018
My review of the first quarter of 2018 should start with Thank goodness it’s over! In January, American investors were talking about a melt-up but February was very different with nerves stretched tight as[…]
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Monthly Update: February 2018
What a very strange start to the year! As usual American stats. illustrate it best: amid talk of a melt-up, the S&P 500 rose by 7% in the first four[…]
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Monthly Update: January 2018
A thoroughly disappointing start to the New Year with a fall in Athelney’s unaudited NAV of 1.9 per cent. This at a time during when the MCSI All World Index[…]
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Monthly Update: December 2017
If 2016 was the year of shock and surprise, then 2017 was the year of disruption. A blizzard of tweets followed President Trump’s inauguration (my nuclear button is bigger than[…]
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Monthly Update: November 2017
Not a good month for equities in general and Athelney Trust in particular, with the latter’s NAV falling by 1.3% to 280.1. Cineworld was a notable casualty, dropping by 18.2%[…]
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Monthly Update: October 2017
Those Brexiteers are at it again, keen for us to walk away from the EU without a deal and thus fall back on WTO rules. And yet, the car industry,[…]
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Monthly Update: September 2017
Turning to equity and commercial property markets, which are currently performing very well, it seems to me that they are quite different from the equity boom of the late Nineties[…]
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