For the year ahead, I think everyone's desire would be for a fund manager to be able to state exactly what is going to happen over the next 12 months and exactly how they think their portfolio is positioned to benefit from that.
Our ambition is completely different. We expect a number of different scenarios to unroll over the next 12 months, particularly during these times when we are living through a great financial experiment. This experiment could result in lots of unintended consequences: inflation; deflation; all sorts of terrible economic outlooks such as recession, depression, rioting on the streets, revolution, perhaps the odd currency crisis? Against that outlook, we need to be aware of what assets could help us. And of course there is also a scenario where absolutely everything is fine and we have a no...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
