EdR AM: Asset Allocation Strategy

Benjamin Melman, Global Chief Investment Officer, Asset Management

There is still a lot of uncertainty over the new state of play in US politics as well as the chances of a vaccine in the coming weeks but we could be about to clear two economic and financial hurdles.

Bear in mind, however, that neither Donald Trump nor most of the Republican party have conceded defeat to Joe Biden. We cannot rule out more writs contesting the result even if they look like they have only a slim chance of succeeding. More importantly, the Senate majority will only be declared in January after two run-offs in Georgia.

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