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What happened in financial markets in October 2021

Marking the first in a new series of monthly videos, Rebecca Cretney spoke to Tom Caddick about the positive and negative news affecting financial markets during October 2021 and what that meant for clients’ investment portfolios.
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Published 9 November
6 mins

Rebecca Cretney, investment counsellor, caught up with Tom Caddick, our chief investment officer, to ask him about the very positive news for portfolios in the form of Q3 corporate earnings, which provided a good surprise. They also touch on how this optimistic news was only partially knocked back by the negatives of inflation – which has continued to remain stubbornly high – and the fallout from the problems facing the Chinese property company, Evergrande.

Watch our short video to understand how these affected financial markets around the world and, as a result, clients’ investment portfolios in October 2021.

Clients of Nedbank Private Wealth can get in touch with their private bankers to understand how their portfolios are responding to market events, or answer any questions prompted by the webinar. You can also call +44 (0)1624 645000 and speak to one of our client services team.

 

If you would like to find out more about how we can help you manage your investments, please also contact us on the same number as above. Or you can get in touch using the links to the forms towards the end of this page.

The value of investments can fall, as well as rise, and you might not get back the original amount invested. Exchange rate changes affect the value of investments. Past performance is not necessarily a guide to future returns. Any individual investment or security mentioned may be included in clients’ portfolios and is referenced for illustrative purposes only, not as a recommendation, not least as it may not be suitable. You should always seek professional advice before making any investment decisions.

about the presenter

Rebecca Cretney

Rebecca Cretney

Rebecca joined Nedbank Private Wealth in May 2004 having moved to the Isle of Man from Barcelona to pursue a course in Business Studies with the Isle of Man Business School. Rebecca was appointed to the role of investment counsellor in March 2019 to focus exclusively on the company’s discretionary investment management services.

 

She works closely with our teams of private bankers to provide support in advising our clients with integrity, and to give additional technical investment expertise where more complex portfolio requirements exist.

 

Rebecca is a Chartered Fellow of the Chartered Institute for Securities & Investment and a Chartered Wealth Manager.

Tom Caddick

Tom Caddick

Tom joined Nedbank Private Wealth as its chief investment officer in March 2021. Prior to joining, Tom was at Santander Asset Management in London for nine years, where he was, most recently, chief investment officer for the UK business and previously global head of the multi asset division. He has over 20 years’ investment experience, including several years as head of multi manager and fund selection at LV Asset Management.

 

Tom’s responsibilities include heading the London-based investment team, and chairing both the International Strategy Committee and the International Investment Committee. Tom is also part of the international investment team for Nedgroup Investments, a sister company of Nedbank Private Wealth.

Access more of our insights

Investing

The week in review

29 Nov

   |   5 mins

Forward-looking economic data signalled stronger growth in the last full week of November, but concerns over a new COVID-19 variant quickly clouded the outlook.

Investing

The week in review

16 Nov

   |   5 mins

Global inflation dominated news headlines during the week of 8 November, with US prices rising at their fastest rate since 1990, up 6.2% annually, in the face of persistent supply shortages - supply issues that also impacted UK Q3 economic growth.

Investing

The week in review

9 Nov

   |   3 mins

Optimism around a strong Q3 earnings season and rising US employment created a positive environment for riskier assets and equities in the week of 1 November.

Investing

October's investment market commentary

4 Nov

   |   2 mins

October was a mixed month for markets, with two main detractors and one big plus we would like to highlight.

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