After the disappointment of 2018, Chief Executive Peter Harrison rounds up the factors our fund managers think could lead to a brighter year ahead.
Emerging markets debt yields are at levels which rival reasonable forward expectations for equities in 2019. In our view, a true catalyst for additional price gains will likely be a lower US dollar.
Global Investor Study
Investors expect annual returns of more than 10% over the next five years, with millennials looking for nearly 12%.
With the potential for equity market volatility and rising interest rates, 2017 could be a year for convertible bonds to prove their worth.
The market appears confident that Federal Reserve rate hikes will be gradual in 2016, and we believe this could be storing up some shocks for the new year.