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Goodbye 2020

20th December 2020

11.12.2020

It is about that time now when we tend to reflect on the year that has gone and have a peek through the Christmas baubles to see what may happen in the forthcoming year.

Coronavirus and its fall out have ripped through all areas of the economy and society at large, so it is at least pleasing to hear that yesterday has been named ‘V Day’, as the UK grandmother Margaret Keenan received her jab as part of the mass vaccination programme. It is a big step in the right direction, and we wish her many years of good health and happiness.
 
Looking back, our IronBright investment principles have been tested to the full this year. I have had many conversations with you during the year covering a range of issues, but one of my long standing clients summed it up in his usual understated manner, “it could’ve been worse”.
 
At one point I must confess I thought it might well be, but I am pleased to report that all but 3 of the 21 portfolios that we manage is, at the time of writing, in positive territory year to date. A sample of the portfolios’ performances is seen below:

Ironbright portfolios

As you know I am not into crystal ball gazing and tea leaf reading so you will not receive any investment forecasts for 2021 from me, other than I expect markets to continue to return value to investors who hold for the longer term and that markets will continue to surprise us from time to time, both on the upside and downside. I looked back at many of the forecasts from the usual pundits in the financial press for this year and whilst some were right and some were wrong, they were either right or wrong for all the wrong reasons! None foresaw the global pandemic and what happened so beware commentators who know ‘for sure’ how best to position your portfolio for 2021. 
 
What I am excited about for 2021 is the launch of IronBright’s range of Sustainable portfolios that are now available. I was tempted to show off their respective backdated performance figures but thought better of it as any portfolio that was light on oil stocks, banks and airlines had a pretty good year. Notwithstanding this there is now a strong investment case to use such portfolios along with the ethical and moral stances many of you wish to take when investing your money. We will also be switching, where appropriate, existing active funds on a like for like basis into sustainable funds in the Core Satellite portfolios over the course of the next 12 months. Have a chat with your adviser at review time?  
 
We have a fantastic team at Brunel who have stepped up to the plate during a very difficult year and I remain very proud of them, so on their behalf I would like to wish you and your family a very Happy Christmas and a fabulous New Year.
 
Steve Brady
 
Steve Brady
Directo

Magic Money – Can We Print Ourselves Rich?

Reasons to be positive

This year I can get behind early Christmas

This year I can get behind early Christmas

What’s your Cuba?

A ‘Very Big’ News Week and Grand Gestures

Rough Seas & Heroes

The Dash

Perception of money

The new IronBright platform!

The most meaningful way to succeed is to help others succeed

A Safe Pair of Hands

Life Isn’t a Dance

What is the new ‘Normal’

It’s not all bad out there…

Lockdown Diaries - 14.8.2020

Lockdown Diaries – 6 months on!

Lockdown Diaries – Further easing of lockdown

One Big Wave

Coming out of Lockdown

A Sustainable Future

Getting the right (re-)balance

Lockdown Diaries – Where did the first half of the year go?

Trust and Transparency

Lockdown Diaries – Reasons to be optimistic

Will lockdown change your plans?

What next for markets and the economy?

Sunny Days and Time to Reflect

The continuation of the lockdown, albeit with a chink of light from the government on this being relaxed slowly through June and July, continues to give us time at home we would not normally have had.

Black Swan or Grey Rhino

“It’s an unforeseen problem,”… “It came out of nowhere”.

Lockdown Eases

The slight easing of the lockdown has lifted spirits in the Rylett household somewhat. We are now able to meet up with another person from outside of our household for the first time in months and just get out a bit more. Exciting stuff! I think this is extremely important for our sanity and mental health.

Lockdown Diaries - 7.5.2020

We have taken the necessary steps to deliver our service from our homes but as you can see, we are in regular contact with each other. The transition to working from home has been successful over the past 7 weeks. We are really benefitting from the extensive use of technology.

An Update from Pilgrim - 1.5.2020

The Bull & Bear - 24.4.2020

Glimmer of Hope - 17.4.2020

As we enter week four of lockdown, the novelty has certainly worn off. The lack of structure and school work during the Easter holidays has certainly challenged the three boys in the Rylett household. Boys don’t do arts and crafts so have had to find other ways to amuse themselves!

Lockdown Diaries - 10.4.2020

Who would have thought earlier this year that we would be in a state of lockdown and Boris Johnson would be hospitalised for his COVID-19 symptoms?

An Update from Pilgrim - 3.4.2020

As we enter another week of the Covid 19 ‘lockdown’ I continue to be amazed by the commitment and hard work of our National Health Service; whilst these front line workers devote their energies to saving lives and preventing suffering, I would like to reassure you that we continue to devote all of our energies to the challenges of looking after your wealth.

An Update from Pilgrim - 27.3.2020

Whilst the news still hung in the air Madigan (our daughter, still smarting from having had her A levels cancelled and having worked very hard for them) looked at Hamish (our second son, home from Uni and trying to complete his Finals online) suggested that it might be safer if Covid-19 got to him before she did as “this house just isn’t big enough for the both of us”!

CII

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