SPEU - Finding Bright Spots In Europe Latam And Asia
Introduction
Sluggish global growth and dovish monetary policies, paired with trade tensions, uncertainty around Brexit, and other regional geopolitical tussles in the Middle East and Asia, have prompted many investors to pivot towards more defensive assets. Accelerating flows into gold and silver funds, fixed income, and US-based assets, demonstrate a more risk-off environment in Q4. Yet while many of these perceived risks stem from a global macroeconomic slowdown and a trend of greater geopolitical tensions, we believe there are selective opportunities abroad that have reduced vulnerabilities to these factors or have more attractive growth