New Year, new-found optimism?
There is no doubt that 2022 will go down on record as one of the most challenging for investors. A war in Ukraine (which very few people predicted) and a clear trend in rising inflation, led to most Central Banks responding with much more restrictive monetary policies. This challenge for investors was seen across most major asset classes – commodities being the one bright spot – with the MSCI World -18.1% (USD) and the Bloomberg Global Aggregate -16.25% (USD) for the year. Read more in our quarterly investment update.Download Here Download