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Market Update

July 2021

Global markets continued to grind upwards through June, with the largest gains coming from US growth stocks. Both the S&P 500 and technology heavy Nasdaq index hit new all-time highs during the month, while the Russell 1000 Growth index maintained its short term run of outperformance versus its value counterpart, the Russell 1000 Value. In GBP terms, UK markets underperformed other regions.

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