Multi-Asset - Investment Update
The last few years have rewarded investors. Attractive starting point valuations, recovering economies and central bank policies explicitly aimed at inflating asset prices have clearly worked. It is hard to find an asset class that hasn't produced stellar returns during this period. At the same time market volatility has collapsed implying relaxed and comfortable investors. But the temperature is rising and the risks to investors are more significant than many currently believe. Simon Doyle, Head of Fixed Income and Multi-Asset, presents his perspective on the issues driving markets, his views on valuations for different assets classes and how these are reflected in the Schroder Balanced Fund and Schroder Real Return CPI Plus 5% Fund.
Opinions, estimates and projections in this article constitute the current judgement of the author as of the date of this article. They do not necessarily reflect the opinions of Schroder Investment Management Australia Limited, ABN 22 000 443 274, AFS Licence 226473 ("Schroders") or any member of the Schroders Group and are subject to change without notice. In preparing this document, we have relied upon and assumed, without independent verification, the accuracy and completeness of all information available from public sources or which was otherwise reviewed by us. Schroders does not give any warranty as to the accuracy, reliability or completeness of information which is contained in this article. Except insofar as liability under any statute cannot be excluded, Schroders and its directors, employees, consultants or any company in the Schroders Group do not accept any liability (whether arising in contract, in tort or negligence or otherwise) for any error or omission in this article or for any resulting loss or damage (whether direct, indirect, consequential or otherwise) suffered by the recipient of this article or any other person. This document does not contain, and should not be relied on as containing any investment, accounting, legal or tax advice. Schroders may record and monitor telephone calls for security, training and compliance purposes.