80% outperformed index
Germany has become 'less predictable': Merkel wins fourth term but far-right AfD makes historic breakthrough
Win first seats in Bundestag
All UK assets recorded negative sentiment
Letter written to major companies
US large caps saw €3.8bn inflows
'Net new money flows were positive'
Political uncertainty remains big risk
Inflows of €4.9bn
Also downgraded US growth for 2017 and 2018
FUM increased by 17.5%
Bullish on Trump's pro-growth agenda
South Korea looks attractive
Believes UK is at a 'tipping point'
Sentiment to UK equities rose 4.82%
Italy remains a risk
No appetite for another election
Investors preparing for the unexpected
Rising 'negative inflation' a systemic risk
Political risk not affecting fundamentals
'More consistent upward move euro has seen in years'
Model portfolio managers cut equities in Q1 amid political risk; Increasing exposure to UK property and absolute return
Barometer measures 97 UK portfolios