Reviews. Commentaries. Opinions.

Articles in Category: Quarterly, half year and year-end review

2022 Wrap Up and 2023 Outlook

2022 Wrap Up and 2023 Outlook

I have a feeling we are all  somewhat relieved to be putting 2022 behind us. Regardless of who your asset manager was, including the global brand names, 2022 was a very challenging year, testing long-held fundamental assumptions about asset allocation and money management. If you rely exclusively on past statistics, you can be optimistic about 2023 as, statistcally, almost always, a positive year follows a negative year regardless of macro considerations. The macro considerations are complex but lets hope that history does repeat itself.

October 2022- Market Commentary

October 2022- Market Commentary

I am writing to you quite humbled by the market events of 2022. Liquid portfolios (i.e. portfolios without Alternatives) for Q3 and YTD will be stark reminders to investors of the crazy days of 2008. We should take comfort that even from that period when the global financial system was at genuine risk of imploding, portfolios did recover and continued to make money.

July 2022- Market Commentary

July 2022- Market Commentary

Markets have been simply awful. The numbers presented below in the index table are exceptional, and we have not seen numbers like these since the Global Financial Crisis of 2008. I have included a few media headlines below to reemphasize this point. In addition, we are seeing that both high-quality bonds and stocks are showing significant negatives. 

This is a breakdown of a fundamental assumption of asset allocation. Typically, when stocks go down significantly, bonds go up. This year, so far, we have negatives in both. This is just one of the many challenges we  face managing money in 2022. Ukraine war, exceptional inflation, and Fed Policy make it extremely complicated to position a portfolio correctly.

May 2022- Market Commentary

May 2022- Market Commentary

By now, you have seen your Q1 reports;  you may have also seen that April added more pain. When both stock and bond indexes are negative, it is extremely difficult to make money. If there is one clear message I have, it is to be patient. The world certainly seems to be in a messy state and we need to be prepared for volatility for the forseable future. Hopefully some of that volatility will be up and not just down, as investors see good assets being oversold and will start buying again. I have compared our performance to relevant funds of our main big-name competitors (e.g., Blackrock, Deutsche Bank, Goldman Sachs and others), and you should draw some comfort from the fact that our model performance is good, in some cases excellent, on a peer-review basis.

CONTACT US

For more information, please free to contact us or leave your details at the form below.

Please fill in your name
Please supply a phone number
Please fill in a valid email address

Telephone: +972-9-961-1300
Email: info@piowealth.com

Amzur House – 4th floor, 8 Hasadnaot St.,
Herzliya Pituach, Israel

© Copyright 2021  Pioneeer Wealth Management | All Rights Reserved.

Dear Clients,

During these difficult days for all of us, we wanted to update you and reassure you regarding your investments.

Our office remains functioning and we are available to answer any questions you may have at any time. Portfolios are being monitored and managed throughout this period. We will provide more comprehensive updates regarding investment portfolios in the coming days and weeks. 

The Pioneer family wishes a full and speedy recovery to all the wounded.

We send our condolences to the families who have lost their loved ones.

Praying for the safe return of all security forces and civilians and for peaceful days to come.

From the Pioneer Wealth Management Family