As we navigate through our 20th year as stewards of our clients’ capital, in this Global Outlook & Strategy, we reflect on the lessons learnt.
It has been a remarkable two decades navigating the 2000 Tech Bust, 9/11, GFC and now Covid-19.
What does not change is the human behavior of fear and greed. Valuations do matter at the end of the day, but it is impossible to judge the timing of the readjustment. Markets can remain irrational longer than you can remain solvent.
• Challenging investment environment
• Remain diversified across assets
• Inflation not yet an issue
• Longer-term returns challenging