Trustnet Magazine Issue 21 September 2016 - Page 27

/ PLATFORMS /

make attracting overseas talent
harder for our brightest businesses,
and the UK’s prospects look
decidedly bleak.
Then there’s the situation in the
US. Am I the only one who thinks
that Donald Trump could become
president? Stranger things have
happened.
So three of our portfolio
powerhouses – the UK, US and
Europe – are looking decidedly
unsettled and this makes life
difficult for fund managers. And if
they are having a hard time, then
our pensions and investments will
follow suit.
So what can be done? Never before
has there been a more stressful
scenario for those planning their
retirement, but there are steps you
can take to keep on top of your
pension plan.
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Then there’s the
situation in the
US. Am I the only
one who thinks
that Donald
Trump could
become president?
Stranger things
have happened
DIVERSIFY

It’s clear that some markets will
grow much faster than others. The
UK is looking perilous from next
year and I suspect significant growth

will be harder to find than of late.
There are just too many potential
problems out there and even our
very best fund managers are going to
struggle to find value.
However, emerging markets are
now showing signs of re-emerging
from their recent economic woes
and there has been a notable rally
in core funds in this sector. China
does seem to have engineered a soft
landing and the Indian economy is
flying. But the recovery is patchy.
Other emerging markets such
as Russia and Brazil are looking
weak, with rumours that Russia’s
predominantly oil-driven economy
has effectively run out of money.
I’m not going to be able to predict
which economies are going to do
well – or badly – over the next few
years and nor should you, but a welldiversified portfolio will ensure you
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