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Welcome to our Q1 2023 investment update from FPC’s Mike Lea, Investment Director, and Senior Adviser, FPC LLP.

Key points include:

  • European stock markets rebound strongly on lower energy costs.
  • Banking sector capital strength questioned following US bank failures.
  • Bank interest rate rises hitting a ceiling and unlikely to fall quickly.

Please view the video below and/or click on the link at the end of the post to access the report.


Please note, this investment commentary review contains information and opinion, no current economic and political positions, and does not constitute advice. The information is provided in good faith and is believed to be accurate, but as some data is provided by third parties this can not be guaranteed.  Past returns should not be seen as predictors of future returns.

Q1 2023 Investment Review