Friday, February 01, 2013
- CFA Switzerland Forecast Dinner Event, Zurich
Tom Elliott is a global strategist within the Investment Marketing Team at J.P. Morgan Asset Management.
He is responsible for investment communications through the Guide to the Markets suite of products.
In this feature he shares his forecasts for 2013, identifies investment opportunities and the headwinds that could lead to underperformance.
Listen to the complete feature "Re-risking" Asset Allocations
Or listen to selected sub-features
Why do you use the expression "re-risking"?
Why is re-risking different to being in the “risk-on” mode if you will?
What are your asset allocation recommendations for 2013? Why?
Could you identify scenarios/headwinds under which your 2013 investment recommendation would underperform?
Where within emerging markets and in US Equity, specifically, have you spotted investment opportunities – please share examples?
For the above mentioned, what sort of timeframes are you looking at and what are your expected returns?
Hasn’t too much money already flowed into fixed income, high yield, and EM debt? Aren’t these markets over heated and isn’t inflation a looming threat in emerging economies? How do these factors fit into your forecast?
Do fundamentals really play a role in determining returns? Markets seem rather to be driven by herd behaviour, greed and fear? Your views?
There seems to be a "bubble of optimism" in the markets. Shouldn’t this signal a sign of caution to investors?