We have identified five themes we believe will impact markets in 2021 and influence our investment decisions as we navigate through the evolving environment. Undoubtedly, governments will be focused on their economies' road to recovery from Covid-19. The unprecedented levels of stimulus have created a moderately reflationary environment globally. We expect to see changes in the way countries trade in light of a busy political 2020. Of course we cannot forget the focus that governments will have in 2021 on regulation of the tech industry and how we can all build back better in a post-Covid-19 world.
Over the following pages you can find out more about our ideas and explore the views of some of the managers behind the funds in our portfolios.
