Gary Potter and Rob Burdett

“August saw further volatility in equity markets, but this time the currencies joined in too. This made for interesting times for Euro thinkers with the US leading the way and corresponding good returns from Findlay Park US Smaller Cos, and Thames River Global Bond which is structured to benefit from USD weakness at present and rose by 4.6 per cent during August. Our selections in Asia and the Emerging Markets could only fare well on a relative basis as the oil price fall and Russia issues hit sentiment.”