What Does the Remainder of 2013 Hold for Markets?

Performance-wise it has been a weak year for fixed income, a mixed bag for equities and a truly miserable time for gold

BlackRock 22 August, 2013 | 3:35PM

This article is part of Morningstar's "Perspectives" series, written by third-party contributors. Here, Stephen Cohen, Chief Investment Strategist for BlackRock International Fixed Income and iShares EMEA gives his outlook for the remainder of the year.

The two themes that have dominated 2013 are changing expectations for central bank policy and the continued outperformance of developed markets amidst rising challenges for emerging markets. For the rest of the year, the de-synchronisation of central bank policies and the diverging growth outlook that caused recent turbulence will remain key drivers of market uncertainty.

Liquidity and central banks, where next? The divergence of central bank policy

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BlackRock  has assets under management totalling $3.8 trillion across equity, fixed income, cash management, alternative investment, real estate and advisory strategies (as at 31 December, 2012).

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