After a stellar year for markets in 2017, the world’s largest investors are grappling with a big question: can 2018 deliver the same high returns?
Global stocks generated their best annual performance since the post-crisis recovery on the back of the so-called Goldilocks combination of strong growth and low inflation.
Asset managers would like those “just right” conditions to continue — but some of them are nervous amid fears about the sustainability of high valuations, coupled with inflation and rising interest rates.
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