Just three weeks into 2022 and global financial markets have already provided the volatility we were expecting. The value vs growth sectoral rotation has started with vigour and while on the surface some indices don’t look too impacted as yet, just dipping beneath the surface there is a whole story unfolding. Against the increased equity volatility, bonds are enduring their worst January for many years. With so much uncertainly across markets at the moment, we hope you can find time to read through our Investment Spotlight which provides a review of 2021 and a full outlook on our views for this year with a comprehensive breakdown on our asset allocation.
