Catch up on our first webinar of the year from Investment Director, Chris Metcalfe, discover his views on the UK’s economic prospects for the year ahead and a look at our own performance, with a run through of the various asset classes and what to expect for 2019.
Volatility returned to the markets in 2018 and we saw plenty of macro events impacting investors, such as tightening central bank policy and concerns about trade wars.
With Brexit news dominating the headlines, it makes it challenging for investors to look past the country’s drawn out potential exit from the European Union and, as you know, could potentially lead to further market volatility.
We know at times like these your clients will be in need of reassurance and it seems like an appropriate time to be reminding them of the key principles of long-term investing – remain calm and focus on the long term.
The good news is that equity markets are less expensive than they were, which is a positive for longer term investors and fund managers alike. The starting price of investments is extremely important and with markets (ex the US) being about 9% cheaper than they were at the start of 2018, that is a better place to start from.