In these uncertain times, many savers and investors are holding large sums as cash within their bank accounts and investments. Yet they are invariably getting no interest on these deposits. So action is required if they want the potential to at least meet inflation, currently standing at over 2.5%.
The expectation is that performance of the financial markets in 2018 should be a reasonable guide to what lies ahead in 2019, with greater volatility playing a major role. The feeling is that Equities will lead the way in 2019, albeit via a bumpy road.
Investors should expect lower and more variable returns than those seen in 2017 and the sentiment is that buy and hold is the best strategy. But to weather the storms ahead investors need to hold a well-diversified portfolio that is actively managed. Management of volatility is key so Multi-asset funds should be of interest to investors.
This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.
Europe is heading towards a “cataclysmic event” that could lead to the collapse of the euro and the end of the European project as we know it, according to Nobel prize-winning economist Joseph Stiglitz. In the run-up to the UK’s vote to leave the European Union, Italy’s litany of problems had gone largely unnoticed. However, Italy – the Eurozone’s third largest economy – not only faces political turmoil but enormous economic strife too, and a banking industry on the verge of collapse.
On the 21st of October, this month, DBRS (Canadian rating agency) publishes its decision on whether it will maintain its BBB rating to Portugal. DBRS is the only rating agency – on a world scale – underpinning Portugal’s credit worthiness.