There is value in Asia and emerging markets, but they too will remain volatile on the back of US dollar strength and Chinese economic weakness. And while commodities have done better this year (up around 29%), unless Trump comes good on his mega infrastructure programme, one still has to wonder where the demand will come from.
So multi asset might be the best way to play it in 2017 and let the fund managers in this space do the hard work for you. A couple I like, that produce a bit of all-important income too, are Jupiter Merlin Balanced and Premier Multi-Asset Growth & Income. They have the backing of two of the best multi-asset teams in the UK and do the job year in, year out. For the even more cautious I like Henderson Cautious Managed, run by Chris Burvill, with the help of two of Henderson’s best bond managers on the fixed income portion.
All performance figures sourced from FE Anaytics, total returns, 1st Jan to 30th Nov 2016, in sterling.
