As summer wraps up and students head back to school, Signature Global Asset Management is pleased to offer its next educational series. Back to School is a collection of videos that provide current views on the markets and key mandates. Watch these videos to gain valuable global insights from Signature's portfolio management team.
We view 2019 as a year of validation for our strategy. Focus shifted multiple times in 2018, from investors chasing growth with technology stocks to becoming more risk-averse in the fourth quarter on concerns the U.S. Federal Reserve (the Fed) would be too aggressive hiking interest rates in 2019. Technology is part of the market that just does not work for our strategy and therefore increases the risk of the strategies underperforming other balanced funds.