Gary Potter, co-head of BMO Global Asset Management's multi-manager team, has described 2015 as an "easy year to lose money and a difficult one to make it", and warned investors of a similar backdrop in the coming year.
Potter (pictured left), who co-manages BMO Global AM's Navigator multi-manager fund range alongside Rob Burdett (right), said investors' expectations for returns should be "relatively conservative" but equities will outperform fixed income and property. "Investors should be able to achieve positive real returns in equities but super-normal returns seen in recent years in both equities and bonds fuelled by liquidity resulting from QE is now a thing of the past," he said. However, he added he remains "broadly optimistic" on the outlook for global economic growth as lower oil prices prov...
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