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The year of change

OpinionsThe year of change

Even though markets appear to underappreciate some critical risks, there are still reasons for investors to be cheerful. Sonja Laud, Chief Investment Officer, and Emiel van den Heiligenberg, Head of Asset Allocation, both Legal & General Investment Management, explain why global growth may ultimately disappoint investors even as recession fears abate, the many ways in which the US election could disrupt markets appear under-priced, and why a style rotation from growth to value could have a significant impact in 2020.

Please find the full investment outlook for the year ahead here:…