Multi asset quarterly review

Following the results of what many consider to be the most divisive general election in living history, RLAM’s Head of Multi Asset, Trevor Greetham and Senior Economist, Melanie Baker come together to discuss the result and their thoughts for what it could mean for markets, the economy and different asset classes.

Trevor Greetham, Head of Multi Asset, provides his regular review and outlook, updating listeners on the positioning of the Investment Clock and the Royal London Global Multi Asset Portfolios.

As we approach the end of 2019, Trevor Greetham, Head of Multi Asset, presents his final quarterly update of the year. Trevor will be sharing with listeners his latest fund positioning and time on the investment clock, as well as his outlook for 2020. 

Trevor Greetham shares his latest review and outlook, updating listeners on the positioning of the Investment Clock and the Royal London Global Multi Asset Portfolios.

Trevor Greetham reflects on what has caused the significant slowdown of the world’s economy in the last year and how he has positioned the Multi Asset portfolios to reflect this whilst keeping an eye on the developments of Brexit and Donald Trump’s future as President.

Amid the political and economic uncertainty across the globe, what are the main factors affecting investors and the implications for asset allocation? Trevor Greetham, Head of Multi Asset at Royal London Asset Management, considers these points in his latest webinar.

Trevor Greetham, Head of Multi Asset, discusses the latest positioning of the Royal London Global Multi Asset Portfolios, the current themes influencing his asset allocation decisions, and looks ahead to the US presidential elections.

With extra stimulus coming through from China and the US, Trevor Greetham, Head of Multi Asset, considers the prospect of a fourth ‘mini cycle’ following the 2018 slowdown as the record-breaking US economic expansion continues. Trevor also notes some short term risks as we enter the usually volatile summer period, but will be looking to buy dips as signs build for a new acceleration of the world economy into next year.

At ten years this is the longest expansion in the US economy since records began in 1857 and yet a recession does not look to be imminent. Trevor Greetham shares insights into this historic phenomenon, using his Investment Clock approach to explain why we could be about to embark on a fourth ‘mini cycle’ upswing triggered by a new round of monetary easing. This line of reasoning suggests the next global downturn could be as far away as 2021. Investors should brace themselves for continued volatility though. Geopolitical risk could yet derail the world economy if the trade war intensifies or military conflict disrupts the flow of oil from the Middle East.

Trevor Greetham, Head of Multi Asset shares his latest review and outlook, updates on the Global Multi Asset Portfolios (GMAPs) and the positioning of the Investment Clock Model that guides his allocation.

Trevor Greetham, Head of Multi Asset shares his latest review and outlook.

Trevor Greetham, Head of Multi Asset provides his latest review and outlook.The Multi Asset funds we manage are moderately overweight in equities and high yield bonds with a tilt towards America and the Emerging Markets within our equity exposure.

As a result of the world economy continuing to slow down and inflationary pressures disappearing with the collapse of oil prices last year, our Investment Clock model is in reflation with low inflation and central banks looking at least to defer any rises to interest rates.

Brexit uncertainty remains so we continue to view this as something we should hedge rather than take big positions on.

As the GMAP range celebrates its three year anniversary, Trevor will reflect on the GMAP story so far, as well as discuss the investment outlook and introduce the recently launched Multi Asset Strategies Fund designed for investors with an absolute return mindset.

Trevor Greetham, Head of Multi Asset provides his latest review and outlook. The world economy is still slowing down, however, with some moves to stimulus and a drop in the oil price which has pushed inflation lower, our Investment clock model has moved around to Reflation.

With the original Article 50 deadline just around the corner and a decision looming about which path we take next, Head of Multi Asset, Trevor Greetham, and Economist, Melanie Baker share their thoughts on Brexit. Trevor and Melanie will consider the impact the situation has had on the UK so far as well as the range of potential outcomes that are still on the table, from an extension to a no-deal or even no-Brexit, and what this could mean for investors. They will also share their approach to positioning funds during these unpredictable times.

Watch the latest market views from Trevor Greetham, Head of Multi Asset, including our positioning using the Investment Clock approach and the impact of continuing uncertainty around Brexit.

Head of Multi Asset, Trevor Greetham, highlights three areas as the investment clock continues to move from the stagflation into the reflation stage of the business cycle. With lots of reasons why markets dropped and investor sentiment extremely depressed Trevor still sees some positive signs that 2019 could start off on a slightly firmer footing, with a US recession not as close as some may have predicted. With the Brexit outcome still impossible to foresee, Trevor believes that a focus on diversification is key rather than trying to pick winners.

Market outlook with Trevor Greetham, commenting on the latest position of the Royal London Global Multi Asset Portfolios and the Investment Clock model that guides his asset allocation

Trevor Greetham presents his latest quarterly update. During the webinar Trevor looks at navigating market risks, discussing the potential of a w-shaped recovery vs a bear market, as well as sharing his thoughts on Brexit as we seek to weather the impacts of this known unknown.