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Looking into 2020 with Hermes

From Brexit and the US presidential race to climate change, we present our outlooks for 2020.

2020 will be another uncertain year. Brexit will rumble on, bringing further volatility and polarising the UK political dialogue; China and US relations will remain tense and concern markets, despite a possible partial trade deal being secured before the end of 2019; and the US presidential race will likely unsettle world markets.

Five years on from the Paris Agreement, the UK will host COP26, the next annual United Nations climate-change summit. Countries are due to present updated plans to keep the global rise in temperature well below 2⁰C.

In our 2020 Outlook, we present our perspectives on equities, fixed income, multi asset, private markets and stewardship for the year ahead. 

More Insights

Discerning dislocations in credit markets
PetroChina case study
PetroChina has made significant improvements in managing bribery and corruption risks, following high profile scandals in relation to its executives.
Weekly Credit Insight
Credit quality within the global high-yield market is currently much higher than during previous drawdowns.
Sharpe Thinking: seeking quality assets amid the market sell-off
Amid the rapid spread of the virus, both the Federal Reserve and the European Central Bank have signalled a “no limits” approach to shoring up their economies and financial conditions.
Sharpe Thinking
The past week has seen sporadic bursts of positive market sentiment, amid a constant volley of new data.
Monthly Fund Commentary, February 2020
Please read on for more information and a summary of performance, activity and our investment outlook, from our Portfolio Managers.