This is not substantive investment research or a research recommendation, as it does not constitute substantive research or analysis. This material should be considered as general market commentary.
Returns from equities over the next decade are likely to be lower than in previous decades. We consider why this is and what sort of range of returns should be expected. We then consider how the returns from various alternative trusts compare. In our view, some alternatives could generate similar or better returns than equities with much lower volatility.
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