As headwinds build for traditional assets, we expect private equity to attract more new capital in 2020, but there are some pockets with high valuations where investors should be careful.
As signatories to the Paris Agreement gather in Madrid, we look back at the climate "super year" of 2019 and examine what investors should look out for in the years to come.
The balance of risk and reward remains attractive in several high yielding EM local debt markets, while EM currencies are well positioned for a strong recovery in 2020.
The 2020 outlook for emerging market debt (EMD) remains positive, with fundamentals broadly supportive. Should the US dollar depreciate, the upside for local EMD looks particularly attractive.
Parts of European commercial real estate look challenged in 2020, but opportunities can still be found, especially in "winning cities".