Thawing of geopolitical tensions behind positive outlook
Six managers give their views
Japanese equities have been sensitive to weaker global industrial demand over the past 12 months, but we expect the earnings impact from the ongoing slowdown to bottom out by the end of this fiscal year.
North American equity markets have rewarded investors in 2019 and are at or near all-time highs.
Still a good case for long-duration assets
The major boost to global equity markets this year has been the 180-degree policy U-turn by the Federal Reserve, from tightening to loosening interest rates, and from quantitative tightening to the renewed provision of liquidity to financial markets....
Hamish Baillie points to Brexit and election