Monetary easing following the market sell off at the end of 2018 helped financial markets throughout 2019. A broad mix of asset classes generated close to 15% over the full year. All asset classes performed positively.
Global equity markets were up 26.6% as fixed income performed strongly with government bonds up 7.6% and corporate bonds up 12.5%. Commodities, being the laggard of the last decade was up 5.4%.
The coronavirus has added uncertainty to an otherwise low-volatility market environment. Recent developments suggest that the spread of the virus can be contained.
The Kieger Multi Asset team attended the annual Context Summit in Miami between the 29th and 31st of January 2020.