Stock market

Q1 2021 – market, economic and MPS update

1 year ago

Head of Active Portfolios Ryan Hughes reviews the performance of the global markets during the first quarter of 2021 – a broadly positive quarter, helped by a largely successful vaccine rollout in some countries and hopes of a strong economic recovery.

As equity markets remained positive with the UK leading the way, there was a major tantrum in the bond market, which saw yields rise sharply on fears of higher inflation and therefore higher interest rates. The quarter also saw massive stimulus from the US, whilst China encountered a major slowdown.

Ryan also explores what this all means for our Passive, Active and Pactive MPSs, before introducing you to our new AJ Bell Responsible MPS: six low-cost growth portfolios designed for investors who care about people and the planet, but still aim to make a profit.

To conclude, Ryan offers his outlook on the remainder of 2021 as economies look to reopen.


Profile Picture
Ryan Hughes

Ryan Hughes

Job Title
Head of Investment Research

Ryan started his career in 1999 working for an independent financial adviser, progressing to become Head of Portfolio Management at an award-winning advisory firm. Moving on to a global asset management firm as a Fund Manager, he oversaw more than £10bn of multi-asset portfolios, and also sat on the Investment and Global Asset Allocation Committees. After seven years, Ryan joined a small multi-asset boutique managing portfolios for clients all around the world, before joining AJ Bell three years later to help establish our investment capability. As Head of Investment Research, Ryan now oversees all investment research covering active and rules-based solutions.

Financial adviser verification

This area of the website is intended for financial advisers and other financial professionals only. If you are a customer of AJ Bell Investcentre, please click ‘Go to the customer area’ below. 

We will remember your preference, so you should only be asked to select the appropriate website once per device.

Scroll to Top