Multi-Asset Fund Range - August 2025 Update

10 Sept 2025|5 min read
James Mee, CFA
Co-Head of Multi-Asset Strategies

In this video, James Mee, Co-Head of Multi-Asset Strategy, recaps August 2025 performance for W1M's Multi-Asset Funds. 

August is often thought to be a quiet month, but there's always something to challenge the narrative, and this year brought weak US payrolls, a dovish shift from the Federal Reserve and political developments in France and the UK. Despite this, equities rallied strongly, with the US posting its fourth consecutive positive month, driven by resilient Q2 earnings and rising confidence. Treasuries performed well, while gilts lagged, and gold continued its strong run. Our funds fell 0.6–0.8%, mainly due to sterling strength, rising gilt yields and our relatively high US equity positioning versus the peer group. We remain slightly overweight equities and underweight fixed income, with proprietary hedging in place.

Watch the full update for more details.

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