Fit for purpose: Investors must revisit strategies as world order shifts

Professional investors often joke: "This time things are different!" It is always delivered with a wry smile as most know it's rarely true - almost every market scenario has already happened. But what if things really are different this time? Financial markets and macroeconomics have changed dramatically since the outbreak of the war in Ukraine. Royal London Asset Management head of multi-asset Trevor Greetham tells PA: "A few years ago we were assuming a gradual reversion to long-term averages for interest rates." But instead, there was a much more dramatic and much faster snap back ...