In our quarterly CIO Insights publication for Q4 2018 we look at how the investment landscape is likely to evolve, against a background of continued economic growth but sustained uncertainty around China, Europe and elsewhere. We still think that it makes sense to stay invested, but hedge, with market volatility creating opportunities as well as risks. Over the longer term, we consider what a new structural cycle – the “new techonomy” – will mean for the next phase of global economic management.
The publication includes an update on our 10 Themes for 2018, assessing each one in the light of recent developments, before a look at the outlook for the global economy. An overview of our multi asset investment position and likely multi asset trends is followed by a more detailed description of our equities, fixed income and FX views. We also present our updated economic and market forecasts.
The following regional editions of the full report are available for download: