12 Month Outlook

15 min read

It’s been a volatile year for markets with investors being challenged at various times by Greek debt concerns, US Federal Reserve (Fed) tightening, capital flight from China and then Brexit.

This has left share markets lower over the past 12 months, while resulting in a very strong year for bonds. Uncertainty seems set to dominate over the next year too and will constrain overall returns. However, this will also create opportunities that we will target in our portfolios.

In this market update Tim discusses Japan’s economic challenges and impacts for investors.

For more information on the impact of Japanese policies on your investments, please contact your financial adviser.

This document has been created by Westpac Financial Services Limited (ABN 20 000 241 127, AFSL 233716). It provides an overview or summary only and it should not be considered a comprehensive statement on any matter or relied upon as such. This information has been prepared without taking account of your objectives, financial situation or needs. Because of this, you should, before acting on this information, consider its appropriateness, having regard to your objectives, financial situation and needs. Projections given above are predicative in character. Whilst every effort has been taken to ensure that the assumptions on which the projections are based are reasonable, the projections may be based on incorrect assumptions or may not take into account known or unknown risks and uncertainties. The results ultimately achieved may differ materially from these projections. Information in this document that has been provided by third parties has not been independently verified and Westpac Financial Services Limited is not in any way responsible for such information. Past performance is not a reliable indicator of future performance.

Information current as at 20 July 2016. © Westpac Financial Services Limited 2016.