News and Announcements
GWAAM World Fund – October 2014
- Published November 07, 2014 4:59PM UTC
- Publisher Wholesale Investor
- Categories Company Updates
Global equities experienced increased volatility in October triggered by a variety of factors including the implications of the end to ‘Quantitative Easing’ by the Federal Reserve Bank – again.
USA equities recovered to finish the month higher but Europe did not. The European Central Bank remains unable, or reluctant, to emulate the Federal Reserve and ‘print money’. On the last day of October, the Bank of Japan decided to do just that and the equity market rallied sharply.
Please see attached for the complete report and performance update from GWA Asset Management on our international equity fund.
If you wish to hear more about the fund, and the firm, please contact Robert Swift at GWAAM on 0419 120 708 or Glen Holding at Channel Capital on (07) 3259 7611
Regards
GWAAM Pty Ltd
Level 42, 120 Collins St,
Melbourne, VIC, 3000
www.gwaam.com.au