If investors are concerned about global valuations, the UK could offer a rare combination of ‘growth’ and ‘value’. Manager Alexandra Jackson explains how she is buying UK “quality growth superstars” on a postcode-driven discount. With unpredictable COVID-19 outbreaks, tax increases, Brexit wrangling and central bank tightening both here and abroad, she explains how she is navigating hurdles and finding opportunities into 2022.
Manager Bryn Jones believes credit markets will get more volatile over the next six months, driven mainly by government bonds. However, he thinks he is well positioned for this. He also discusses how his fund is meeting growing investor demand for bond strategies that meet positive social and environmental criteria, and considers the themes that excite him most.
Manager David Harrison explains how his fund aims to create long-term value for investors, society and the environment. Outlining the huge step-change as more companies truly embrace sustainability, he covers themes such as electrification and improved water infrastructure, as well as giving his take on “greenwashing”. Find out how he’s seeking out the best global companies that fulfil his fund’s rigorous sustainability criteria.
Manager Noelle Cazalis highlights her fund’s focus on bonds issued by high-quality companies operating in resilient industries. With inflationary worries set to continue, she explains how her fund’s focus on shorter-duration investments may help protect investor’s capital.
Manager Bryn Jones explains how his fund aims to deliver low-volatility returns and can pull several different levers as bond market conditions change. He considers the impact of recent interest rate rises and what he expects for the year ahead. He also examines some of the key themes and opportunities he’s finding in credit markets.
Inflation is high but the pace of economic growth isn’t stagnating.
With COVID cases starting to roll over – in the UK at least – and investors settling down for some old-fashioned Fed watching, everyone is hoping 2022 will be a bit more like pre-pandemic times.
Another COVID-blighted year has passed. Yet, for all the turmoil, 2021 was a great one for markets.
The final quarter of 2021 proved to be an eventful one for the global economy, with surging inflation and ongoing concerns about supply shortages. Yet markets performed relatively well over the period despite the new Omicron strain adding to the uncertainty. As we look ahead to 2022, economic indicators suggest the post-COVID recovery should continue, and so too should earnings growth.