Each quarter we produce a market review based on the themes discussed at our Strategic Asset Allocation Committee. This quarters' review focuses on:
- The progression of inflation over 2013 will be a key determinant of the outlook for the US stock market
- A world of financial repression: volatility is likely to be greater, returns lower and safe havens fewer
- European equities are cheap versus US equities on an adjusted price earnings basis but significant valuation differences exists within the market
- Increasing signs of an improving outlook: amongst emerging economies supports an overweight position for growth portfolios
- Investors are having to take more risk in search of yield
Read our Q1 2013 market review
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