Investor Letters

Letters through May 31, 2021

1 letter reporting on the period ending May 31, 2021, in each firm's own reckoning.

JM Finn Market Commentary May 2021 Inflation expectations, driven by US fiscal stimulus and a stronger recovery, unsettled equity markets before investors regained their composure. Brian Tora argues that persistent price pressures could lift bond yields and weigh on equities, while reopening and resilient corporate results support the UK recovery. May 2021 —