It’s been a little over two years since the sudden and tragic death of the music legend Prince. In life he was a perfectionist who was meticulous with his public image – notably changing his name to an unpronounceable symbol in the mid-1990s. He also exerted much control over his music, exemplified when he removed his music catalogue from most streaming services, such as Spotify, in 2015.
Investment Management Letter
It is beginning to sound like a broken record, but the stronger-than-expected economic growth has boosted investor confidence and produced excellent returns for equities around the world. Looking forward, we expect U.S. growth to stabilize and the global economy to grow stronger. Driving the global economic expansion is central bank easy monetary policies, low interest rates, low inflation and the rise in emerging economies’ commodity prices.