“After the 2023 rally, it’s time to embrace a diversified approach and search for opportunities across the board, including emerging markets.”
- Resilient US growth and slowing inflation led the markets higher in 2023, as central banks indicated a change in their policy stance.
- 2024 started with rising bond yields, as markets reassess the extent of potential rate cuts.
- Emerging markets may offer opportunities, thanks to their growth advantage and strong local consumption and trade dynamics.
Markets delivered strong performance in 2023, following a significant boost to optimism in the last quarter. 83% of the main asset classes we monitor, delivered positive returns vs a meagre 20% in 2022. Japanese, North American and European equities led the way amid falling inflation and changing central bank policy stances. China equity was the laggard, as concerns over economic growth prevailed.
You can now read the full whitepaper at the link below
