In this issue we highlight the very strong returns in growth assets in 2021, including a small value premium in developed markets and material size and value premia in emerging markets. We remind clients of the incredible returns they have received in the past 10 years where global equity markets (DM and EM) have turned £100 into around £350. Looking forwards we suggest that investing may not always feel as easy and suggest that building a portfolio that can handle a wide range of uncertainty is crucial.
We hope that 2022 is another good year for you.
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