What are the opportunities and challenges for the year ahead? - Tariq Dennison

Tariq Dennison, Free-only Investment Advisor at GFM Asset Management discussed the wealth management opportunities and challenges for the year ahead.

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1. What opportunities and challenges do you see for the year ahead?

Video transcript

1. What opportunities and challenges do you see for the year ahead?

Well, I don't think the challenges this year are any different than they have been in previous years. It's really a matter of getting clients to save regularly, have meaningful asset allocations, and to keep their portfolios in line with their goals. Some of the changes we looked at last year were, of course, tax changes in the US. This year, we still have a huge valuation gap where US equities are trading at much higher valuations than those in most of the rest of the world. US yields are higher than those in the rest of the developed world, so that presents an opportunity from an allocation point of view, but also presents challenges for those who don't want to veer off the index.

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