Q2 Performance Reports

The MPI Performance Reports for Q2 2024 are now available online for you to view and download. To use our interactive perfomance reports please click the button below.

You can also download the summary reports below.

To download the complete MPI time series please click the icon below.

Investment Managers Survey

The Sterling MPI indices turned in positive returns over the quarter, with the Low, Medium and High-Risk strategies averaging 0.87%, 1.19% and 1.49%, respectively, broadly in line with the estimates. There was little change to asset allocations during Q2, except for modest increased holdings in gold and USD. Based on our survey for MPI managers, optimism remain broadly the same as last quarter and over half of the respondents anticipate 3 or more US Fed rate cuts over the next 12 months (i.e. cuts of 75bps or more), a surprising increase from last quarter which had between 50bps – 75bps in expected cuts. Of the possible headwinds, earning slowdown was the most cited closely followed by US and Global election outcomes, which ranked higher this quarter than any other.