China recently unveiled its 14th five-year plan (FYP) to guide the country’s economic development over the coming five years, along with the blueprint for a long-term strategy that outlines its vision for 2035.
Before 1916, nationalists in Ireland had sought to craft a better future for themselves within the United Kingdom (of Great Britain and Ireland, as it was then). After 1916, independence was the goal. And, after independence was secured a century ago, Ireland consistently availed of every opportunity to further loosen its bonds with Britain.
The European equity market was one of the worst-performing in 2020 amid the ravages of COVID-19, with many stocks also subject to dividend limitations. However, as we move through 2021, we believe Europe should see the benefits of a V-shaped economic recovery as the dissemination of a vaccine will benefit all economies.
Much has been written about alternative asset classes over the past decade, and it’s easy to see why. With bond yields at all-time lows, interest rates either near zero or negative, and equity market returns expected to be lower in the years ahead, investors have been seeking alternative asset classes that can deliver attractive returns.