After such difficult markets last year, and in the face of still challenging geopolitics, global and regional asset allocators have to deploy cash and manage portfolios. This year’s GIO theme – ‘Heading into a New Cycle’ - embodies renewed optimism, as we see risk asset prices looking across the valley of what could be an ‘instant’ slowdown. Investors will need to be bold. Meanwhile, our region looks very resilient indeed, driven by successful industrial diversification, and reforms. The clients of FAB can benefit from the entire team of economists and investment professionals whose views have been brought together here. We wish you all the best in the markets this year, and stand ready to help provide the advice you need.