Aidan Donnelly
Head of Equities, Davy Private Clients
Introduction
The so-called US Liberation Day on April 2nd didn’t feel so liberating for investors, unless they were short the market. It did kick off a rollercoaster ride for the next two months though. The ‘Global Equity Investor’ aims to provide insights on the major issues currently impacting global equity markets. Published quarterly, the in-depth report will also analyse the performance of our global equity portfolios as well as outline the key developments in some of the companies within these portfolios during the preceding three months.
We have also included a section providing commentary on the factors impacting the Irish equity market and outline some of the latest developments for some of the major companies listed on the ISEQ index. Finally, we feature some of the interesting thematic investment ideas available from our advisory platform.
This information should not be considered as investment advice and it is important that you discuss the contents of this publication with your adviser. Please also refer to the section containing Important Disclosures within this document.
Global market update
Figure 1: Global equity market performance
3-month performance 28 February 2025 - 31 May 2025
Source: Bloomberg / Davy
Warning: Past performance is not a reliable guide to future performance. The value of investments may go down as well as up. Returns on investments may increase or decrease as a result of currency fluctuations
Warning: This information should not be considered advice in isolation, and must be read in conjunction with the corresponding recommendation provided by your Davy private client adviser in the context of one of the model portfolios contained herein. You should ensure that you take the time to fully understand the risks associated with any investment decision and that any such decision is made in light of your objectives, financial situation and knowledge and experience of investing. In that regard, it is important you discuss the contents of this document with your adviser prior to any investment decision.
This Communication received is classified as a ‘marketing communication’, in accordance with the European Union (Markets in Financial Instruments) Regulations 2017. This means that (a) it has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and (b) it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
J & E Davy Unlimited Company, trading as Davy Private Clients, is regulated by the Central Bank of Ireland. J & E Davy (UK) Limited, trading as Davy Private Clients UK, is authorised and regulated by the Financial Conduct Authority. Davy Group is a member of the Bank of Ireland Group. J & E Davy Unlimited Company, trading as Davy and Davy Private Clients, is regulated by the Central Bank of Ireland. Davy is a Davy Group company and also a member of the Bank of Ireland Group.