Stay defensive until the spring was the call at the end of last year, with the most detailed advocacy for staying cautious until that point in time coming from Barclays Wealth, which issued the advice in its Signpost Annual Outlook. To avoid any confusion, the bank saw fit to name its outlook piece, 'A long, hard slog'.

So, what to do? Simple, and it's back to basics from Barclays. "Build overweights in investment-grade credit in Q2, and in equities from Q3 onwards," says author Michael Dicks

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here