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Disclaimer
Past performance is no guarantee of future performance. The value of investments and the income from them may go down as well as up and you may not get back your original investment. The information contained herein including any expression of opinion is for information purposes only and is given on the understanding that it is not a recommendation. The Fund’s investment include shares in small-cap companies and these tend to be traded less frequently and in lower volumes than larger companies making them potentially less liquid and more volatile.
The US hegemon versus the Chinese challenger: echoes of history
Emerging markets to avoid: the JOHCM Global Emerging Markets Opportunities team provide their top down analysis.
We previously wrote that "banks generally carry a triple threat in this environment". We now update that to four threats.
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