Insync December 2019 Fund Commentary

Performance Commentary Global equity markets hit record highs in December on the back of the U.S. and China avoiding escalating their trade war in mid-month with an agreement to halt tariffs as well as rolling back some of the tariffs implemented earlier in the year. The U.S. Federal Reserve kept its policy rates unchanged projecting for economic growth and inflation continuing to show a low risk of recession and limited price pressure. The Conservative Party in the UK gained a decisive majority in parliament, also providing improving sentiment towards the markets. However, the stronger Australian dollar resulted in the MSCI delivering a negative return for the month. Emerging markets led gl

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