The March 2018 report, MLC’s scenario insights & portfolio positioning, states: "The future is not preordained, and so is not predictable. However, while uncertainty can’t be eliminated, we can generate an understanding of what the future could hold." At Godfrey Pembroke, we put investors … [Read more...]

The January 2018 report (covering the period October 2017 – December 2017), MLC’s scenario insights & portfolio positioning, states: “Investing is hard work. Not for the physical labour, but for the amount of energy that must necessarily be spent assessing the diverse array of … [Read more...]

The October 2017 report, MLC’s scenario insights & portfolio positioning, states: “As we noted in last quarter’s briefing, we may be witnessing the beginning of the end of an era. If so, expect this to challenge asset prices, inflated by the presumption of low rates and easy money.” At … [Read more...]

The July 2017 report, MLC’s scenario insights & portfolio positioning, states: “Global growth over the past year has been close to long-term averages, with almost all major economies having expanded by early 2017. This is being supported by consumption growth (business investment is also … [Read more...]

“Many words have been written in recent years about the prospect of lower returns across major asset classes. And while markets have yet to experience a decline, the threat of either a prolonged period of lacklustre returns or widespread price declines is something that investors and fiduciaries … [Read more...]