CompassCompass March 2014
Compass March 2014
History doesn’t repeat exactly, it rhymes: despite the parallels with the mid-1990s, we think the emerging world needn’t face crisis now. We also think it is still too soon to expect a renewed downturn in the developed world. In this edition of Compass, we discuss why we continue to advise holding more risk assets than usual but, as always, firmly within the context of a carefully diversified portfolio.