Our insight this month provides an overview of our investment team’s thinking on the themes and opportunities for the year ahead
As we enter 2019, we continue to be constructive on the global economy despite the fact that growth is expected to slow somewhat worldwide from the strong growth we have seen over the past several years. We also are alert to the current geopolitical turmoil, which is likely to intensify over the next couple of months, and to central bank policy decisions, which could impact upon this view.
However, we believe that our investments have strong prospects and that they can do well this year. Our focus is on the quality and value of the assets we own, and this should allow us to weather the increased volatility we have witnessed and look at it as an opportunity, not a risk. Our outlook is almost entirely consistent with what we thought at the beginning of 2018 and we expect it to prevail this year as well.