Market Insights

The economic expansion of the last decade has been a consistent tailwind for financial assets. We see next year as the start of the twilight zone between expansion and an eventual downturn that will likely mark the end of the cycle.

The American midterm elections are approaching and the crystal ball gazing has begun. Here’s what investors should consider regardless of whether the US votes for a ‘distilled Donald’, the ‘Democratic double’ or a ‘divided democracy’.

Taking the fear out of FOMO (‘fear of missing out’)

John Roe, Head of Multi-Asset Funds, takes readers on a whistle-stop tour of 10 behavioural biases that can hinder investment performance.

The ‘one share, one vote’ standard has been in place since 1940 but the number of companies with unequal voting rights is on the rise.

Can cyclical tailwinds paper over the structural cracks? And what’s the outlook for global trade, China and equity investors?

The consequences of monetary tightening will define the 2018 investment landscape.

We expect another strong year for growth with the global economy firing on almost all cylinders. But the market has priced in this optimism, implying greater vulnerability for disappointment. We expect the low interest rate environment to continue into 2018. While interest rates can drift up, we do not think this is the beginning of the end for the bond markets.

In this quarterly outlook we outline our asset allocation views and address three key questions on equities, US monetarypolicy and emerging markets.

In a largely anticipated result, Emmanuel Macron has won the French presidential election.

A rising China creates the potential for tension between itself and the leading world superpower, the United States. Investors should pay attention to the shifting of global power structures.

The global risk asset rally continued in early 2017, with emerging market investments the star performers.