
Month in a Minute: September 2025
A purple patch
Milford’s Funds continue to deliver broadly positive returns, supported by performance of share and bond markets. Through all the noise, global share markets

A purple patch
Milford’s Funds continue to deliver broadly positive returns, supported by performance of share and bond markets. Through all the noise, global share markets

Nothing stops this train
Milford funds continue to deliver solid returns with gains across funds of all types last month. This was supported by an ongoing

It’s better to travel than arrive
Global share markets continued to take a cup half full view, pushing higher over the month and taking global share

Please disperse, nothing to see here
Investors continue to be confronted by unanticipated risks, with the geopolitical situation in the Middle East the latest event

It’s all about the TACO (“Trump Always Chickens Out”)
After a volatile April, global share markets continued their climb in May leaving global shares close to

Still tarrified, or just a bump in the night?
The volatility seen in markets over the past month suggests investors were surprised at the tariffs imposed

Tarrified
In a volatile month Milford funds fared well, and although some of our fund returns were negative, we significantly outperformed underlying markets in our diversified

USA, a bit less exceptional
February saw a sharp change in tone for markets. Share markets sold-off, led by the US as investors grew concerned about

Crosswinds
January saw its fair share of ups and downs across markets as investors were buffeted by policy uncertainties emanating from the new US administration. Ultimately

Santa takes a breath
December saw a pullback in global share and bond markets with Milford’s funds also modestly lower. After such a stunning rally in

Santa likes election certainty
Milford funds continue to deliver strong returns, helped by the performance of underlying assets. Stock markets responded positively to the US election

Pre-election Jitters
October saw a mixed outcome for asset markets, with shares around the world modestly weaker, whilst bond markets had their worst month in two

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