Multi-asset managers: Our key trades in Q1

Volatile period for investors

For many managers, the first quarter of the year has been a difficult three months to make money.

Global markets suffered their worst start to a year in two decades, with indices including the FTSE 100 dropping into bear territory as heightened concerns about a China slowdown and tumbling oil prices hit blue-chip shares. Against this turbulent backdrop, fund managers advised investors to ride out the crisis, which they said was being driven by fear rather than weakening fundamentals. Should investors beware the commodities buffalo jump? Their advice proved well founded as markets rallied during the second half of the period with accommodative global monetary policies providing ...