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Market Review May 2020

One of the core tenets of Providend’s Investment Philosophy is that we have a long-term focus. This means that we stay invested to capture the long-term asset class returns. We do not trade the [...]

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Market Review April 2020

This week marks the 4th week or mid-point of Singapore’s circuit breaker period which began on 7th April. It is a time that is unprecedented in our history, with the streets rather empty of cars, [...]

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Market Review First Quarter 2020

Without a doubt, this has been one of the worst quarters in financial markets in a long time, and the worst since 2008. The COVID-19 pandemic has caused an unprecedented pause in economic [...]

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Market Review February 2020

We are writing our usual end of month review a little earlier to give you an update on the markets as recent trends of the COVID-19 disease caused by the SARS-COV-2 (Severe Acute Respiratory [...]

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Market Review January 2020

We ended January with a note to clients on the impact that the Coronavirus is likely to have on our portfolios and discussed various ways our portfolios manage risk to reduce the downside impact [...]

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Market Review December 2019

Just like that, 2019 has gone by and US markets have had the best year this decade since 2013. If that sounds surprising, it’s only because of how quickly we recovered from the pain of 2018, [...]

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Market Review November 2019

Equity markets delivered another stellar month in November as the US market continued to make new highs with the S&P 500 notching up more record closes in the month. Supported by the [...]

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Market Review October 2019

Equity markets continued their ascent with the S&P 500 setting a record close to 3037.56, up 2.04% for the month. The MSCI World was up 2.54% and the MSCI EM was up 4.22% as both Global and [...]

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Market Review September 2019

The rumours of the demise of the value premium have been greatly exaggerated. We begin with a paraphrase of a quote from the famous author Mark Twain when asked about his health by a reporter. [...]

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Market Review August 2019

The trade war flared up in August as both the US and China signalled that they would impose new tariffs on imports. These tariffs did come into effect on 1st September, with the US imposing 15% [...]

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Market Review July 2019

The start of August marks an important milestone for Providend, as it has been three years since we started incorporating Evidence-Based funds from Dimensional, and Index funds from Vanguard into [...]

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Market Review June 2019

As the first half to 2019 draws to a close, the equity markets are celebrating one of the best first-half performances for a year in a long time. In fact, the S&P 500 has posted its best [...]

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Market Review May 2019

If we look at the historical data, the old saying of “Sell in May and go away” isn’t exactly very accurate as the markets don’t always go down in the May-Oct period. [...]

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Market Review April 2019

Stock markets had another strong month in April as the S&P 500 closed at a new historic high of 2945.83 at the end of the month, notching up a 4.05% (in USD) gain for the month. Local [...]

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Market Review March 2019

What do stocks do after one of the worst Decembers on record (in terms of market performance)? Start 2019 with one of the best first quarters in history! (For global equities. STI is another [...]

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Market Review February 2019

The S&P 500 closed February with its longest losing streak in 2019 of 3 days. It might sound a little gloomy, but this has been the best start for the index since 1991. The chart below shows [...]

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Market Review January 2019

US markets had their best January in 4 decades with the S&P 500 up 7.9% for the month, shrugging off the dismal end to 2018. The broader MSCI All Country World Index rose 7.9% while the MSCI [...]

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