- We maintain an overweight to cash which is now more strategic rather than tactical
- Long-term asset class returns are expected to trend lower than in the past
- There is a high degree of uncertainty regarding central bank policy
- Most asset classes are fully valued
- There is value to be found in private markets and select boutique sectors in property
Click here to read the Global Outlook and Strategy September 2016: Complex, Complicated and Confusing. For more information please contact us on (02)9239 9333.