
Will Bartleet, CIO and Portfolio Manager of Pacific Multi-Asset
Market commentary, portfolio positioning and outlook
After nearly a decade of a mostly uninterrupted rise in equity markets, the final months of 2018 saw a sharp pick up in volatility and a decline in
stock markets around the world. Headwinds for the markets have been building over the last few months: central banks have persisted with interest rate
increases and ended their QE programmes, uncertainty surrounding Brexit has continued, the trade war between the US and China has intensified and global
growth has slowed.