Sentiment Indicator: asset owners set for a defensive 2020
The latest survey of insurers, pension funds, endowments and other institutions shows mixed allocation plans for 2020, amid expectations of more macro and market uncertainties.

As 2020 looms, a welter of political noise and tension leaves the investment outlook for the world uncertain at best. From the political theatre of Washington DC to the chaos sweeping the streets of Hong Kong – and many other places in-between – unease is rife.
The ongoing US-China trade war has a lot to answer for, and the IMF has warned the global economy could slow further if it doesn’t ease soon. It cited Brexit-related disruptions and an abrupt aversion to risk …
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