Get rewards for risk in emerging markets, not the $A: Mercer

“In light of this, we considered whether the overall view of growth assets should be raised to positive to take advantage of improved valuation signals resulting from recent price falls. “On balance, however, while we believe double-dip and inflation risks are low, the consequences of such events would be extremely severe in a world with ballooning fiscal deficits and fragile banking systems. As a result, we have decided to retain our current neutral stance on growth versus defensive assets.

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As the Magnificent Seven fade, CFS looks further afield for returns

Colonial First State chief investment officer Jonathan Armitage says a shift away from reliance on US mega-cap tech stocks is reshaping portfolio resilience, with emerging markets, private debt and catastrophe bonds helping to drive returns across the portfolio.

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