25th November 2019

Columbia Threadneedle Investments: Asset allocation update

As 2019 draws to a close, we are strikingly neutral across asset classes and with considerably less appetite for risk than at the start of the year. Various market positioning and flow measures suggest we are in good company: notwithstanding punchy headline year-to-date returns from several markets, the investor community in toto is cautiously positioned and on many measures has turned increasingly so over the course of the year. In just the past fortnight, company earnings beats have been handsomely rewarded, with misses only gently punished, if at all. Folk are nervous about being caught too optimistic, or too pessimistic. So what would we look to today, to turn less neutral?

MAYA BHANDARI Portfolio Manager, Multi-asset

Investments, Investment Commentary, Multi Asset/Multi Manager, Market Outlook

Registration

Free Registration and CPD

Rathbones Asset Management - The Sharpe End podcast: Fresh Intel

A month into Andy Burnham’s tenure as Prime Minister, the team are asking what he could possibly do to turn the UK economy and stock market around. Next, we explore the rally in software stocks, as improving growth expectations reignite enthusiasm for some names in the sector that many had written off just a year ago. Finally, this month’s stock spotlight is Intel – a company that helped build the modern technology industry and is now attempting an ambitious turnaround as a crucial beneficiary of the broad AI infrastructure build-out.

There's more to 'value' investing than valuations

Semantics matter. Words carry associations that can't always be neatly translated into a different cultural context. First impressions often determine whether investors are prepared to allocate money to an investment strategy.

Business Sentiment Tracker: Business confidence falls in Q2 2026

Business confidence has weakened in the second wave of YouGov's quarterly Business Sentiment Tracker, with businesses becoming less optimistic about the economy, their industries, and their own prospects.

Not yet registered?

Please complete this form to join our community

Name


Email


Company


Select your role:


Password


Confirm Password

About Us

Read

Learn

Attend

Connect

My Panacea

Press Centre