Three big questions for multi-asset investors

Correlations between groups of assets and within individual asset classes have changed in unexpected ways thanks to a decade of easy monetary policy. Our portfolio managers tell us what impact this has had on the way they manage money.

Determining whether an inverted yield curve signals a US or global recession continues to focus the minds of investors in 2019. Mark Robertson explains why our actions will matter more in determining whether a recession is on the horizon than a misleading indicator.

Christine Lagarde has been nominated to head the European Central Bank at a difficult time for monetary policy given growing fears of a recession in the euro zone. Despite much debate on her credentials, Stewart Robertson argues she is the right candidate for the job.

The last year has seen a dramatic shift in the outlook for global monetary policy. Although yields have already fallen sharply, US bonds still appear to offer value given the darkening economic storm clouds, argues Peter Fitzgerald.

Boris Mikhailov and Matthew Graham look at the benefits and risks for pension schemes targeting self-sufficiency.

Central bank independence is widely regarded as a prerequisite for successful monetary policy. However, with economies having struggled over the past decade and inflation no longer seen as a problem, that view is being contested, argues Stewart Robertson, chief economist at Aviva Investors.

Opportunity knocks for fixed income investors who are not forced to ‘hug’ market indices.

The unusual calm in global financial markets over the last few years is unlikely to return but investors should welcome rather than fear the prospect of higher volatility, says Peter Fitzgerald.

Why absolute return fixed income challenges traditional asset allocation thinking.

Rising US interest rates have failed to arrest a long-running decline in the dollar, now into its fourteenth month. Ahmed Behdenna looks at some of the reasons why.

Traditional sources of income have had a comfortable ride in recent years, but this year is likely to prove more challenging, writes Gavin Counsell.