Busy summer sets rest of 2020 up for blockbuster finish

Polls and politics mean no respite for investors

Investment Week is finally back in print after its summer hiatus, but August was not quite the uneventful respite investors are accustomed to.

We witnessed the continuation of the trend seen since mid-March lows of an equity market recovery, which Vafa Ahmadi of CPR Asset Management, characterised as "K-shaped", with index gains driven by substantial returns from top performers while others continue to lag. Part of the impact has seen Tesla overtake Toyota as the world's most valuable car company by market cap and Apple's now $2trn market cap outstrips that of all FTSE 100 firms combined, as both companies opted to split their stock. August also saw the confirmation of what most had expected, with figures from the Office for...