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Understanding the risks and return opportunities remains crucial

Revisiting the investment case

“Sorrow is better than fear. Fear is a journey, a terrible journey, but sorrow is at least an arrival. When the storm threatens, a man is afraid for his house. But when the house is destroyed, there is something to do.” – Alan Paton, author and activist

Reflecting on a tough year

2017 proved to be a strong year for most asset classes and our portfolios performed well over the period

Well positioned in an evolving environment