Managed fund since 2017
US/China and Brexit behind selected calls
At the start of 2019 there were three main reasons to be bearish.
The most significant consideration for all investors in the US is the actions of its Federal Reserve.
Dovish Fed contributing to forecast
UK equities had a positive start to 2019. While this can be partly viewed as a rebound after 2018's difficult final quarter, what is likely to have been most significant is an extraordinary U-turn by the US Federal Reserve.
Fund manager interview with the UK fixed income head