Global multi-asset outlook: Can investors overcome barriers in 2019?

Investors face a number of possible barriers in 2019, that include a wall of worries over Brexit, inflation, trade wars, political risks in emerging markets, and the potential end of globalization. While the United States grew at a strong pace in 2018 and unemployment rates were dropping around the world, the past year also proved a challenging one for nearly every asset class. In this global outlook, the Macquarie Global Multi-Asset team examines this dynamic environment and explores both potential headwinds and tailwinds.

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IMPORTANT RISK CONSIDERATIONS

Investing involves risk, including the possible loss of principal.

The views expressed represent the Manager's assessment of the market environment as of January 2019, and should not be considered a recommendation to buy, hold, or sell any security, and should not be relied on as research or investment advice. Views are subject to change without notice and may not reflect the Manager's views.

Past performance does not guarantee future results.

International investments entail risks not ordinarily associated with US investments including fluctuation in currency values, differences in accounting principles, or economic or political instability in other nations.

Investing in emerging markets can be riskier than investing in established foreign markets due to increased volatility and lower trading volume.

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