5 min read 6 Aug 21
Summary: With valuations tight and uncertainly still high, we believe it is more important than ever to have a flexible approach focused on active return generation. Our interest rate outlook remains defensive – we believe higher economic growth and inflation will force government bond yields higher.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.