Key Points:
- We expect modest global economic growth for the remainder of 2016
- The potential exists for further interest rates rises in the US
- The Australian economy is expected to slow from current strong levels
- An uneasy balance exists within the Australian residential property sector
- Credit looks attractive as an asset class, along with Australian mid cap equities
- Valuations in risk assets are still elevated
- We maintain an overweight to cash
- Long term asset class returns are expected to trend lower
Click here to read Global Outlook and Strategy March 2016. For more information please contact us.