Investing for a world of change

Building resilient portfolios to benefit from change

Managing risk - that is to say, building strategies that are resilient to events like these—is not easy. So what can investors do? Join Iain Cunningham, Global Multi-Asset - Portfolio Manager, in discussion with Jennifer Moynihan, Global Multi-Asset - Specialist at Ninety One.

Oct 26, 2021

37 minutes

Iain Cunningham
Jennifer Moynihan
Managing risk - that is to say, building strategies that are resilient to events like these—is not easy. So what can investors do? Join Iain Cunningham, Global Multi-Asset - Portfolio Manager, in discussion with Jennifer Moynihan, Global Multi-Asset - Specialist at Ninety One.

Fast view

  • Identifying the challenges and opportunities of building resilient portfolios that can benefit from change.
  • Thinking about the macroeconomic landscape from both a structural (5 – 10 year plus) and cyclical (12 – 24 months) time horizon.
  • The structural thematic roadmap (Road to 2030) looks to identify major long term macroeconomic themes and trends, both tailwinds and headwinds.
  • The shorter term cyclical framework focuses on growth, inflation and policy across major economies.
  • In constructing resilient portfolios, we focus on both top-down asset allocation and asset class preferences, and bottom-up security selection, as this provides greater control over risk management and the blending of opportunities.
  • We have moderated our investment outlook, reflecting our more cautious cyclical views following the scaling back of last year’s very accommodative monetary policy environment.

Authored by

Iain Cunningham
Portfolio Manager
Jennifer Moynihan
Product Specialist, Multi-Asset Team

Important information
This communication is provided for general information only should not be construed as advice.

All the information in is believed to be reliable but may be inaccurate or incomplete. The views are those of the contributor at the time of publication and do not necessary reflect those of Ninety One.

Any opinions stated are honestly held but are not guaranteed and should not be relied upon.

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