The three major global issues investors must not overlook

Beware global risks

Investors must protect themselves as no region is immune from negative fallouts from geopolitical tensions and economic uncertainty, explain Jason Vaillancourt and Robert Schoen, co-heads of global asset allocation at Putnam Investments, and co-managers of the CF Canlife Total Return fund.

The global economic recovery continues to be uneven in nature, with a clear divergence in monetary policy beginning to emerge. On one side stand the US and UK, both inching towards tightening as employment data, industrial output, and consumer spending all show improvement.  On the other side stands Europe, Japan, and other major economies, where policy might be loosened further in order to stoke inflation and jump-start economic growth.  At the same time, investor sentiment has continued to be held at bay by concerns over geopolitical tensions, sluggish global growth, and low levels ...