valuations

In recent months, investors have reacted to a perceived bout of increased uncertainty in global markets as the short-term mood has shifted from one of championing synchronised global growth and reflation to one more of nervousness around emerging markets...

Nine-year bull run

Is the best behind us?

After a dismal decade, the re-emergence of emerging markets (EMs) continues. In the year to the end of March, they outperformed global developed markets by 10 percentage points.

Political issues remain

Pressure on UK equities

Allianz Global Investors's Simon Gergel

Focus on internet and consumption

Central bank policy a risk

Very similar environment to dotcom bubble