India's Narendra Modi won a second term as Prime Minster after a landslide win in the general elections in the world's largest democracy. Mr. Modi's party BJP won a simple majority with almost 300 out of 542 seats in the Lok Sabha (India's equivalent of the House of Commons).

The first quarter of 2019 certainly ended with a brighter outlook than could be seen when it began. The resolution of several uncertainties and clear signals of support for the economy coming from central banks are reviving attraction to and appetite for risk assets. Does that mean it's time to start changing portfolio allocations?

A decade after the financial crisis, the uncertain economic conditions it ushered in are starving Europe's investors of returns. We believe this makes our approach to long/short equity investing more valuable than ever.

Last year ended with torrid market returns, and we entered 2019 with global financial conditions tightening sharply. So where does that leave us, and how will we react with regards to the Global Multi Asset Income strategy?

For someone living, moving to or doing business with the United Kingdom in the last year, the “Brexit Question” has been an important consideration. During the beginning of 2019 there have been several dates, votes and occasions when we expected to get a detailed picture of what Brexit will mean. Yet we were then left staring at each other, still wondering what the outcome might be.