‘In Conversation With’: Market Update Q2 2025

Written by Communications at MASECO

In our latest video podcast episode of our ‘In Conversation With’ series, MASECO’s Chief Investment Officer, Damian Barry, and Senior Wealth Manager, George King, unpack the key themes that shaped the second quarter of 2025.

Within this video podcast (which can be watched on YouTube or listened to on Apple and Spotify podcast channels), Damian and George explore the significant market volatility experienced over the quarter, largely driven by policy uncertainty from the US administration and increasing geopolitical tensions across regions such as the Middle East. While this created a sense of unease, markets ultimately remained resilient, with a recovery that highlights the importance of staying focused on long-term fundamentals.

The conversation also covers the weakening of the US dollar, which was down around 10% in the first 6 months of the year against the euro and sterling, and what that has meant for client performance when translated into different currencies.

Damian and George reflect on how diversification and a long-term perspective helped navigate the chaos and deliver positive client outcomes. In addition to this, they also delve into the psychological side of investing and touch on behavioural finance, including how investors typically respond to market highs and lows, and the dangers of attempting to time the market. The episode offers timely reminders on why staying invested, especially during volatile periods, often leads to better long-term results.

To listen on Apple Podcasts click here.

To listen on Spotify click here. 

The Legal Stuff 

This document may not be forwarded, copied or distributed without our prior written consent.  This document has been prepared by MASECO LLP for information purposes only and does not constitute investment, tax or any other type of advice and should not be construed as such.  The information contained herein is subject to copyright with all rights reserved.

The views expressed herein do not necessarily reflect the views of MASECO as a whole or any part thereof.  All investments involve risk and may lose value.  The value of your investment can go down depending upon market conditions and you may not get back the original amount invested.  Your capital is always at risk.  Information about potential tax benefits is based on our understanding of current tax law and practice and may be subject to change.  The levels and bases of, and reliefs from, taxation is subject to change.

MASECO LLP (trading as MASECO Private Wealth and MASECO Institutional) is established as a limited liability partnership under the laws of England and Wales (Companies House No. OC337650) and has its registered office at The Kodak Building, 11 Keeley Street, London, WC2B 4BA. For your protection and for training purposes, calls are usually recorded.

MASECO LLP is authorised and regulated by the Financial Conduct Authority for the conduct of investment business in the UK and is registered with the US Securities and Exchange Commission as a Registered Investment Advisor.