David Hambidge: Why valuations are now more appealing

Asset class outlook

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David Hambidge: "Sterling does appear very cheap against other currencies and we would not be surprised to see a much stronger pound in a year or two - possibly sooner - irrespective of the Brexit outcome."
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David Hambidge: "Sterling does appear very cheap against other currencies and we would not be surprised to see a much stronger pound in a year or two - possibly sooner - irrespective of the Brexit outcome."

The mood among investors could not be more different from this time 12 months ago, writes David Hambidge, as he offers his asset class outlook for 2019 - though valuations do now look more attractive

This time last year we warned the going was likely to get tougher and volatility would increase following years of extraordinarily calm markets. Unfortunately, we have been proved right - albeit the extent...

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