- 2018-19 saw solid returns for diversified investors, helped by a sharp rise in share markets in the last six months & solid returns from most assets with the exception of cash & residential property
- Narrowing term and Credit spreads drove strong returns in the bond market
- Key lessons from the last financial year were to: turn down the noise around investment markets, maintain a well-diversified portfolio; and cash continues to provide low returns.
- Cash is still not king – while cash and bank deposits provided safe steady returns, they remain very low.
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