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ISG Chartpack
Outlook 2020
Investment Solutions - Strategy &
Discretionary Porfolio Management

Dear investors,

Please find below our latest edition of the ISG Chartpack.

  • Our macro outlook for 2020 is still a challenging one in which slow growth & low rates will prevail, although some of the downside risks have recently shown signs of abating.
  • Crucially, a lot will depend on the evolution of trade tensions between the US and China. The possibility of a deal that includes a removal of existing tariffs is a potentially material development, even if still far from certain.
  • We continue to allocate to carry strategies, where we currently find the most attractive risk-adjusted returns. 2020 will most likely be a year of modest returns across all asset classes, where it will be important to stay nimble in portfolio allocation decisions.

Kind regards,

Investment Solutions Strategy team


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