Weekly Market Comment – March 11th
After a strong start to the year equity markets weakened somewhat last week. Concerns over the strength of the global economy were fueled by the ECB cutting its economic forecasts for the Eurozone on Thursday, followed by the release of sluggish US employment data for February on Friday. While markets have been happy for decelerating economic growth rates to take further interest rate increases off the table (allowing equities regain much of their Q4 losses in 2019), investors don’t want a recession. Accommodative central bank policy has been supportive of markets and a recession is still possible rather than probable. But any indicators which suggest that possibility may be increasing is likely to cause volatility in equities.
– Niall Dineen
Chief Investment Officer
What Defines Us
Appian is a leading Irish based and owned asset manager, managing a range of funds which invest globally, to grow and protect our clients’ assets while generating sustainable income.
Established in 2003, we are active managers and all investment activity is carried out in house. Risk management and downside protection is a corner stone of our investment approach. We invest for both retail and institutional investors, delivering and compounding solid returns with low volatility.
Our clients include private clients, pension funds, endowments, charities and corporates.
Investment Style
Our Investments are driven by a focus on Risk and Return
Active Management is at the core of our Process
We believe in making the big decisions to protect our client’s assets
A Focus on Quality and Valuation underpins all our Investments
We invest with a long-term focus
We believe in what we do and invest beside our clients
Appian Funds
The Appian Value Fund is a Dynamic multi-asset fund. It has a long track record of low volatility and a focus on long term growth and capital preservation.
The Appian Ethical Value Fund applies an ethical overlay to the Appian Value Fund. It has the same focus as the Value Fund in terms of diversification of assets, low volatility in nature and focus on long term growth.
The Appian Equity Fund is a Concentrated Global Equity Fund. It is managed through a bottom-up approach, focusing on investing in companies that have strong values and quality characteristics.
The Appian Liquidity Fund is an active fund which invests primarily in cash deposits with the objectives of achieving appropriate levels of return and preserving the value of the capital
The Appian Small Companies Opportunities Fund is a Concentrated Equity Fund. It invests in small and mid cap stocks, targeting well-managed, high quality, cash generative companies capable of delivering sustainable growth over time but who are undervalued.
The Appian Burlington Property Fund invests in Irish commercial property with a focus on properties in the €5-15 million range with strong tenants and growth potential.
5 Year Annualised Returns
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Equity Fund
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Small Companies Fund
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