Monthly viewpoint

Kieron Launder: 2019 first quarter update

Kieron discusses central banks’ retreat from policy normalisation, populism and market volatility

02/04/2019

Kieron Launder

Kieron Launder

Head of Investment Strategy

Central banks reverse normalization policy

Fixed income markets have rallied strongly after the Fed and ECB stepped back from raising interest rates. Trillions of dollars worth of debt once again trade with negative yields.

Politics and populism

Populism will continue to challenge policymakers and, potentially, markets. Meanwhile, China continues to grapple with its newfound status as a leading global power.

Volatility returns

The stock market has seen four swings greater than 10% since the beginning of 2018; in the previous two years, there was just one move of this magnitude. We see this as a return to more normal levels of equity market volatility.

 

Topics:

  • Volatility
  • Market review
  • Economics & strategy
  • Brexit
  • Investment team videos
  • Quarterly Report

For Accredited Investors Only. This document is intended to be for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument and is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations.

The information in this market outlook is derived from sources which we consider to be reliable. However, it may not in all cases be verified independently and we do not attest to its completeness or accuracy. No responsibility can be accepted for errors of fact or opinion. Forecasts may be the consensus of extremely divergent possibilities and the full range of potential outcomes should be appreciated. No representation or warranty is made that any value (or proximity to) any value, return or forecast will be achieved. The opinions expressed are those of employees of Schroder & Co. (Asia) Limited, and reflect their judgement at this date and are subject to change. Reliance should not be placed on the views and information in this market outlook when taking individual investment and/or strategic decisions. 

No part of this document may be reproduced in any manner without the prior written permission of Schroder & Co. (Asia) Limited.

Contact Schroders Wealth Management

To discuss your wealth management requirements, or to find out more about our services, please contact:

Simon Lints

Simon Lints

Chief Executive Officer - Singapore singaporeprivateclients@schroders.com