US

Global macroeconomic indicators have undoubtedly become softer, as the US nears full employment and Europe's manufacturing sector continues to suffer from the effects of weaker trade with China.

And which are the laggards?

Fears of a full-blown trade war and slowing economic growth appear at odds with the progress being made by companies around the world.

Mumford gets co-manager

'Markets will need to get used to this'

Beginning of trade wars could trigger a strong headwind

Concentrated portfolio of 75 to 100 positions worldwide

Going against the grain

US equities began 2019 with a welcome respite, reversing course from their downward spiral in December 2018.

'A different view on cash'