Citi Private Bank releases its key market views and investment themes
for 2019 and beyond
NEW YORK–(BUSINESS WIRE)–Citi Private Bank today released its Outlook report for 2019. The
twice-yearly publication provides in-depth insights into the global
economy and financial markets for the coming year, and highlights
important multi-year investment themes for client portfolios.
The report titled, ‘Safeguarding assets: Building stronger portfolios
for more turbulent times,’ highlights two key global developments that
may affect portfolios in 2019. The first is the return to pre-crisis
normalcy in the global monetary system and markets, and the second is
the continued retreat from normalcy in politics and geopolitics.
Against this backdrop, the Private Bank believes the global economic
expansion and bull market in risk assets can endure through 2019.
However, given the late-stage of the US monetary tightening cycle and
increased market volatility, it urges building stronger portfolios for
turbulent times by investing in more resilient assets and by employing
strategies that reshape investment outcomes.
The Private Bank also sets out three broad investment themes it thinks
will likely influence portfolio returns over the coming years. They
include putting cash to work in income-producing assets, safeguarding
gains made over recent years via various investment strategies and
diversifying globally, as well as building exposure to the rise of Asia,
increasing human longevity, and digital disruption.
In addition to its themes, the Private Bank presents its thinking on an
approach it calls Investing with Purpose (IwP). IwP seeks both to
maintain portfolio quality and serve the greater good by delivering
environmental, social and governance benefits.
“We believe 2019 will be complex and more volatile for our clients,”
said David Bailin, Global Head of Investments, Citi Private Bank. “We
therefore outline vital steps in Outlook 2019 to help mitigate risks and
potentially enhance total return profiles. These include keeping a close
watch on US monetary policy, especially its effects on the yield curve.
We also recommend allocating to countries and companies that are likely
to withstand the challenges now facing the world.”
The full report, a summary version, short videos, and other materials
can be accessed via the Citi Private Bank website here.
About Citi Private Bank:
Citi Private Bank is dedicated to
serving worldly and wealthy individuals and families, providing
customized private banking across borders. With approximately $390
billion in global assets under management, the franchise includes 48
offices, serving clients across 130 countries. Citi Private Bank helps
clients grow and preserve wealth, finance assets, make cash work harder,
safeguard assets, preserve legacies, and serve family and family
business needs. The firm offers clients products and services covering
capital markets, managed investments, portfolio management, trust and
estate planning, investment finance, banking and aircraft finance, as
well as art and sports advisory and finance.
Citi, the leading global bank, has approximately
200 million customer accounts and does business in more than 160
countries and jurisdictions. Citi provides consumers, corporations,
governments and institutions with a broad range of financial products
and services, including consumer banking and credit, corporate and
investment banking, securities brokerage, transaction services, and
Additional information may be found at www.citigroup.com
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