Q1 2025 Market digest

Market overview for Q1 2025, including asset class returns and US tariff impacts.

Jack Richards

15 Apr 2025

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Below are some key highlights from what happened in markets in Q1 2025:

  • President Trump’s focus on tariff policies spooked investors causing a sharp selloff in equity markets.
  • US equity markets fell while UK equities and bonds performed better. Significant volatility in all asset prices continued after quarter-end.

In our overview, we also provide market commentary to cover the past year to 31 March 2025.

For more details, please download our full Market digest below!

If you have any questions or would like to find out more, please get in touch.