A snapshot of current views on equity, fixed-income and alternative asset classes — updated monthly to help you tactically adjust for opportunities and risks.
- Equity momentum is strong and volatility measures have been on the decline. However, valuations continue to look less attractive.
- We expect a modest rise in interest rates in the short term. Inflation-linked bonds appear to be an attractive area to take fixed-income risk.
- Diversification continues to be a stronger theme in 2019. Alternatives can provide a good complement to traditional asset classes.
Within fixed income