Explore the Category
2018 was a tough year for investors and asset managers. It was a year that many within the industry would want to place firmly within their rear-view mirrors.
Last year was a challenging year for investors, with US equity and government bond markets both returning less than cash. According to Keith Wade, Chief Economist & Strategist at global asset manager Schroders, two factors – namely disappointing worldwide growth and less cash flowing through the global economy– were contributing factors to this negative consequence.
After December’s market carnage, global equities bounced back strongly in January. Indeed, while December was the worst end to a year for the US benchmark S&P 500 equity index since the 1930s, January’s 8% return made it the best start to a year since the mid-1980s. Talk about ups and downs.
The strongest deterrent against FSP compliance missteps is or should be: