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Serving different types of intermediaries, including registered investment advisors (RIAs), broker/dealers, defined contribution plan advisors, insurance, sub-advisory and separately managed account (SMA) platforms
There will be significant focus on the Federal Reserve in 2015, but investors must ensure that this doesn't blind them to the opportunities across the fixed income market.
Share valuations remain close to their long-run average, which gives us comfort in the market's aggregate level. We believe value still exists within the domestic banks and house builders.
Global emerging markets look supported by strong domestic demand growth and reform potential. However, challenges remain, primarily revolving around a strong US dollar.