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LCP Investment Summary - June 2022
LCP Investment Summary - June 2022

5 July, 2022 by Administrator

Equities Global equity markets fell...

LCP Investment Summary - May 2022
LCP Investment Summary - May 2022

2 June, 2022 by Administrator

Equities Global equity markets fell -1.2%...

LCP Investment Summary - April 2022
LCP Investment Summary - April 2022

5 May, 2022 by Administrator

Equities Global equity markets fell 3.2%...

LCP Investment Summary - March 2022
LCP Investment Summary - March 2022

5 April, 2022 by Administrator

Equities Global equity markets rose 3.7%...

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LCP Investment Summary - December 2021

Posted on 5 January, 2022 by Administrator

LCP Investment Summary - December 2021

Equities

Global equity markets rose 3.4% in December and 30.1% for 2021 (both in € terms), to finish what was another extraordinary year for investors as they continue to adapt to the pandemic and its challenges to the economy.

Equity markets performed well throughout December finishing the year strongly despite prospects of reduced support from central banks and a surge in Covid-19 cases globally. Reports suggested that the new Omicron variant although highly transmissible may be less severe than initially anticipated which was supported by hospitalisation numbers remaining relatively low. This contributed to the strong market performance despite increased volatility and uncertainty towards the outlook for the new year.

The U.S. Federal Reserve confirmed its plans to reduce their pandemic support bond-buying programme sooner than previously expected with forecasts for interest rates set to rise during 2022 in attempts to curb rising inflation. The Bank of England raised interest rates during December, being the first G7 central bank to do so.

Bonds

Longer-dated Eurozone bond prices fell 3.7% in December, with the yield on the AAA Eurozone 15+ Year Index rising to 0.07% by month-end. The Euro Broad Sovereign 10+ Year Index fell 3.3% with its yield rising to 0.8% by month-end.

Longer dated AAA bond yields had a mixed month, initially remaining low throughout December before rising towards the end of the month. The ECB confirmed it would reduce its PEPP stimulus programme in efforts to cope with inflationary pressures but that they would continue asset purchases over the next few months and ruled out raising interest rates in 2022.

Sample DC Schemes

Two of our sample DC Strategies rose over December, as most asset classes were positive.   

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