After the end of an eventful 2016, Arne Hassel, Chief Investment Officer, and William Hobbs, Head of Investment Strategy in UK and Europe, look back over the past 12 months and explore five key themes that investors should be thinking about for the year ahead.

Emerging markets: bottoming out

Although Donald Trump’s election victory has stoked fears of an impending return to the disasters of protectionism, we believe that now is a good time to be tactically increasing our exposure to emerging markets equities.