Quarterly Market Update Q1 2024
Insights and analysis on global markets from GSB. In the first quarter of 2024, global financial markets experienced notable movements driven by economic resilience and technological advancements. The US stock market led the charge, with the S&P 500 rising over 10%, fuelled by optimism around artificial intelligence and robust economic indicators. Despite expectations of significant […]
When it rains, it pours
With Alison, the children, and I having moved back to the UK for a few months, the Spring weather of April showers has lived up to its name. That said, Dubai followed suit mid-month with a storm not seen for over 75 years, with some of the worst weather and flooding experienced in living memory. […]
Market Review – April 2024
US stocks got off to a weak start in the second quarter and posted losses of 2.6% and 2.4% on the S&P500 and Nasdaq composite indexes, with Meta’s earnings sending the magnificent seven constituent tumbling on weaker than anticipated revenue guidance. The Stoxx Europe 600 index missed the mark and recorded losses of 0.05% while […]
World Earth Day with a commitment to ESG investing
As we celebrate World Earth Day, GSB is proud to highlight our dedication to Environmental, Social, and Governance (ESG) investing. Our approach not only aligns with the growing trend towards responsible investment but also integrates with our core values of sustainability and our ethical business practices. The rise of the conscious consumer Recent data, including […]
Market Review – March 2024
The first quarter of 2024 has seen the global equity markets deliver their best opening quarter performance in 5 years (Steer, Clarfelt, Duguid, & Stacey, 2024), with the MSCI World index ending the quarter up 8.85%, turbocharged by the booming interest in artificial intelligence that has seen US equity indexes reach new all-time highs. This quarter […]
Three Years of GSB
As we approach GSB’s 3rd anniversary tomorrow, it’s a great time to reflect on our transformation from when we launched in 2021. From a humble beginning with just a handful of employees, we’ve blossomed into a robust team of nearly sixty exceptional individuals. What’s truly heartening is seeing each team member’s personal and professional growth. […]
End of tax year considerations
Approaching the End of the UK Tax Year With the UK tax year concluding on April 5th, 2024, it’s essential to be proactive about your financial arrangements. Here are some actionable insights to help you with tax-saving and financial planning: Understanding your UK tax residence Optimising ISA contributions Pensions Utilising Capital Gains Tax (CGT) allowance […]
Three years of GSB
As we celebrate GSB’s 3rd anniversary, we reflect back on the last few years. From a humble beginning with just a handful of employees, we’ve developed into a robust team of nearly sixty fantastic individuals. What’s truly heartening is seeing each team member’s personal and professional growth. Their dedication to self-improvement and career advancement has […]
The Spring Budget
The Spring Budget 2024 – What does it mean for you? Yesterday, Rt Hon Jeremy Hunt MP announced his financial update for the Spring Budget. Here are the key highlights: National insurance: Hunt announces a decrease in the national insurance contribution rate from 10% to 8% starting in April. Growth: Hunt predicts the economy will […]
Market Review – February 2024
A large portion of the momentum seen in the equity markets has been generated from the US equity markets, with a disproportionate amount of US returns coming from the ‘magnificent seven’ mega-cap technology stocks, which surged throughout 2023.