Happy New Year
Contrary to expectations at the start of the year, 2019 ended up being a stellar year for investment markets. The Australian equity market (ASX 200) rose 18% over 2019 (the best return since 2009), while in the U.S. the S&P 500 finished the year up 29% (it’s best result since 2013). The reality is that we are in an unprecedented economic environment where ultra-low interest rates are forcing investors to buy risky assets.
At the same time, the first week of the new decade has begun with ominous undertones. Devastating and unprecedented bushfires in Australia as a result of climate change: the human and economic cost of which will be enormous. Tensions in the Middle East rising to flashpoint.
At Intralink we will continue to focus on portfolio diversification and the search for quality investments to navigate a challenging and uncertain macro environment.
For further information or to discuss how we can help you, please speak to your adviser.