Feature

Improved receptiveness to shareholders

Under-researched area

If there is one undervalued idea today, it is the idea the global economy can grow in a sustained, prosperous fashion.

'Big adjustment in markets'

S&P 500 up every month in 2017

Strong recovery in Europe

Factor concentration is an issue

Need to be discerning

Japanese equity indices were among the strongest-performing developed markets in 2017 (the MSCI Japan returned 20% in local currency terms). This robust performance came despite a near 5% appreciation of the yen versus the US dollar.

Significant upside