In their monthly video, managers Alex Paget and Simon Evan-Cook unpack the key themes shaping October’s investment landscape. They explore why global equity markets remain heavily concentrated in a small group of dominant US technology companies and discuss the growing risk this poses for investors who simply follow the herd.

Simon and Alex explain how the Fox Funds approach these conditions with a focus on genuine diversification, disciplined risk management, and a commitment to protecting client capital in both rising and falling markets. They also outline where they currently see selective opportunities, how they balance equity exposure with alternatives, and why long-term thinking is especially important in an environment driven by short-term narratives.

Watch the video

If you’d like to learn more about our approach or the Downing Fox Funds, visit our webpage or get in touch.

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Important notice

Past performance is not a reliable indicator of future performance.

This video is intended for financial advisers. Any personal opinions expressed are subject to change and should not be interpreted as advice or a recommendation. Capital is at risk and investors should note that their investments and the income derived from them can fall as well as rise and investors may not get back the full amount invested. Downing is a trading name of Downing LLP. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference No.545025). Registered in England and Wales (No. OC341575). Registered Office: 10 Lower Thames Street London EC3R 6AF.