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2022 was a challenging year, which saw both bond and equity markets struggle in a dynamic environment engulfed by the war in Ukraine and central banks’ battle against inflation. The final quarter of the year did however provide some relief, with equities (DM Equities +9.9%) and bonds (Global Aggregate +4.6%) catching a late bid. By year-end, most global equity markets recorded losses in 2022...

Image by Shea Rouda
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