A rude wake-up call

In this latest update from the Empire Life Investments team, Paul Holba, CIO, reviews the key market events impacting 2022 and beyond. Here are the highlights:

• Accelerating inflation and rapidly tightening monetary policy fueled a months-long-rout among major asset classes, sending U.S. equities into bear territory.
  
  
• Bond markets sold off sharply and bond yields increased across the curve as central banks around the world aggressively raised interest rates to combat the highest inflation since the 1980s.
  
  
• Many of Empire Life’s multi-asset solutions, such as Emblem GIFs, Monthly Income GIF, and Asset Allocation GIF, benefitted from a more defensive positioning (lower equity allocations) in light of increased economic risks.

​Read more about the Empire Life Investments team outlook and how the funds are positioned. The team also shares how they are ready to meet today’s challenges head-on, helping to see investors through market volatility and focus on their long-term financial objectives.