January 2025 Market Digest
Market overview for January 2025, including an update on Trump's tariffs and asset class returns.
11 Feb 2025

Below are some key highlights from what happened in markets in January 2025:
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A development in Chinese Artificial Intelligence models, as well as uncertainty of President Trump’s policies, led to a volatile but ultimately positive month for asset class returns.
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Equities led asset performance, driven by European and UK markets.
In our overview, we also provide market commentary to cover the past year to 31 December 2024.
For more details, please download our full Market digest below!
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