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Navigating volatility in a low-return world

Caution appears warranted with equities, particularly in Europe. Sovereign bonds and gold remain useful portfolio diversifiers.

MOVING into 2016, the BlackRock Investment Institute noted the business, credit and valuation cycles were out of sync around the world, and advised investors to carefully navigate this environment of heightened uncertainty.

We are now entering a new phase of geopolitical challenges, most...

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