We are very excited to announce that CityWire Wealth Manager Investment Performance Awards 2023 has just revealed its shortlist, with MAIA selected within two categories: Best Balanced Portfolio and Best Small Firm.

We thought it would be prudent to look back on what has occurred so far this year, highlight the main areas we believe markets will be focusing on for the rest of 2023 and provide an update on how the portfolios are positioned for the longer term.

MAIA was delighted to take up sponsorship of Blossomfield Cricket Club, Solihull back in March 2022, and we’re now excited to report that one of their players, Ethan Carrington, has been selected for Worcestershire CCC 2nd XI.

One well known saying which always grabs the headlines at this time of the year is ‘sell in May and come back on St Ledgers Day’.

One quarter – Two ends of the volatility spectrum.

After the collapse of Silicon Valley Bank and the subsequent backstops implemented by the US Federal Reserve and US banking regulators, we were hopeful that markets would once again focus on the fundamentals of the global market and not be driven by short term sentiment.

During afternoon trading in the US yesterday, equity markets came under pressure as Silicon Valley Bank (SVB) announced that additional financing is required due to issues they are having with capital within their businesses.

Within our asset allocation, we continue to invest in income bearing assets, not only for the income provided, but also for the long-term growth opportunities.