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The policy response to the crisis has lasting implications for the role major asset classes play in portfolios. Co-ordinated stimulus by governments and central banks globally underpins investment opportunity. There has been a huge acceleration and interest globally in technological, environmental and economic change. But negative interest rates and ballooning government debt are challenging for investors who are getting no real return from assets that are traditionally less volatile. Looking ahead towards the second half of 2021 and beyond, strategic investors can look to global opportunity and prepare their portfolios for recovery and growth. 

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