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Market insight | January 2023

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By Ian Hooper

31st January 2023

How did the markets perform in January? This market update indicates a positive start for equity markets, but caution remains the watch word as more economic data will be needed to evidence we are not facing a recession this year.

 

Important Note

The information contained within this document is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.

This article is distributed for educational purposes only and should not be considered financial advice.

If you are unsure about the suitability or otherwise of any product or service, we recommend that you seek professional advice.

The opinions stated in this document are those of the author and do not necessarily represent the view of Progeny and should not be relied upon to make a financial decision.

Information contained herein has been obtained from sources believed to be reliable but is not guaranteed.

If you are unsure about the suitability or otherwise of any product or service, we recommend that you seek professional advice.

Past performance is no guarantee of future performance.

The value of an investment and the income from it can fall as well as rise and investors may get back less than they invested. Your capital is therefore always at risk. It should be noted that stock market investing is intended for the longer term.

Meet the expert
Ian Hooper
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Chief Investment Officer

Ian joined Progeny Asset Management as a founding director in 2016 and provides strategic oversight to the business. He is Chair of the Investment Committee and is part of the Senior Leadership Team. He has worked in financial markets for 24 years and is a holder of the CISI Diploma and is a Chartered Wealth Manager.

Ian oversees all aspects of investment strategy and solution delivery at Progeny, also including investment governance and policy. He played a key role in redesigning the Progeny Centralised Investment Proposition and has helped deliver a range of unconstrained, systematic, passive and ESG solutions. Ian also has detailed operational knowledge of custody and client delivery.

He contributes regularly to both written and video content to ensure clear and consistent investment messaging around the proposition.

Before joining Progeny, Ian spent 17 years at Redmayne-Bentley LLP covering all aspects of investment management, including charities and Court of Protection cases. He also regularly appeared on the Bloomberg television channel as a market commentator.

Out of the office, Ian enjoys running and watching his son play rugby and has completed the London Marathon.

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