What’s Hot? What’s Not: UK Hot, Tech and Asia Not [Sector Edition]

Fri 02 Aug 2024

By Joe Richardson

Access Level | public

What's Hot What's Not

Print

What's HotWhat’s Hot

  • The UK dominates for a variety of reasons…
  • …globally cheap or…
  • …least dirty shirt in Europe or…
  • …being politically stable is a novelty at the moment.
  • Whatever your rationale, you just need to know that the U.K. has momentum.
  • Property Other bounced with the promise of helpful interest rate cuts as 2024 progresses.
  • US Smaller is best, as investors switched out of over-valued US-centric tech, with the interest rate outlook also helping

 

What’s Not

  • A continuing lack of confidence has pulled China down again.
  • This also dragged down the Emerging Market and Asia ex Japan sectors.
  • Technology and North America are suffering from a bout of investor doubts, extreme valuations and over-hyped AI.

 

What’s Hot

Name

Last Month's Performance %

North American Smaller Companies

5.85

UK Equity Income

4.15

Property Other

3.97

UK Smaller Companies

3.96

UK All Companies

3.89

 

What’s Not

Name

Last Month's Performance %

Technology & Technology Innovation

-5.5

China/Greater China

-4.91

Global Emerging Markets

-2.23

Asia Pacific Excluding Japan

-1.89

North America

-0.88

 

Categories:

What's Hot What's Not

Print

Share this post: