Market Perspectives May 2019
Find out our latest key investment themes. With global equities close to record highs and significant political uncertainty, where next for markets?
Barclays Private Bank views on the positioning of assets in your portfolio.
|Cash and short duration bonds: overweight||Our preference for higher quality, liquid opportunities translates into our preference for short duration bonds, which offer an attractive risk-return trade off in the context of a flat yield curve.
|Developed equities: overweight||
|Developed government bonds: neutral||
|Investment grade bonds: neutral||
|Emerging markets equities: neutral||
|Emerging markets bonds: neutral||
|High yield bonds: underweight||
|ATS: underweight||We maintain a low conviction in alternatives due to their high expense and a lack of investment opportunities in this space. The limited use of leverage should further cap returns for the asset class.|
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