Dear Esteemed Client
Welcome to 2024!
From a global perspective, while world economic growth is expected to remain fragile (IMF Forecast: 2.9%), we see global inflation cooling off which would lead many central banks to begin easing monetary policy – global interest rates are expected to fall in 2024. Potential risks remain escalation of geopolitical tensions (particularly between Israel and Hamas) which could disrupt energy markets and worsen the inflation picture.
We believe 2024 calls for a Total Portfolio Approach to investing – diversifying across various asset classes and assessing risk-reward to navigate what will sometimes seem a volatile financial market. Click on this link to read the thoughts of Pabina Yinkere – Business Head, Asset Management.
