Quarterly Investment Letter Q3 2025
- Oct 3, 2025
- 1 min read
Updated: 1 day ago
Review - Smooth road into new Highs
The past three months were marked by an unusually subdued level of volatility across financial markets, coupled with a steady and uninterrupted advance in U.S. equities. The S&P 500 gained a further 7%, while the Nasdaq Composite surged by almost 11%, with both indices not only extending their year-to-date rallies but also reaching fresh all-time highs - a testament to the resilience of investor sentiment despite lingering macroeconomic and geopolitical uncertainties.
