The US equity market will disappoint going forward. Global equity investors need to be far less US-centric to capture better returns.

Navigating the lower limbo stick will require more unconstrained investing, greater consideration of the chosen benchmark, and a greater focus on downside risk management.

Lower 'neutral' monetary policy rates across the developed world will continue to serve as an important anchor for the secular valuation of all asset classes.

Emerging markets will face a more challenging economic and financial outlook over the next few years - but systemic risk across the emerging world is lower than before the Asian crisis.

De-leveraging, widening inequality and structural reforms limit growth in developed markets. The US is the most advanced in addressing these challenges.

Bond markets were once the world's most liquid. Today, trading even $5 million in bonds can be difficult. Managed fund holders must recognize that funds may limit withdrawals and hold larger cash balances.

2015 will be a year of huge uncertainty about the future of the Euro. These uncertainties are likely to pose a fundamental challenge to investing in the Eurozone.

Differentiation is key for emerging markets. Secularly, countries enjoying the rise of consumerism are expected to drive local company earnings above the global norm.

Economic signals are everywhere. By being alert to signals, anyone can start to navigate through the turbulence of the world economy.

PortfolioConstruction Forum Publisher and Markets Summit 2015 Moderator, Graham Rich, opened Markets Summit 2015 in his usual entertaining way, highlighting key issues to consider over the jam-packed, marathon program.

Japan has a history of changing dramatically, often when least expected. As Abe's economic policies and structural reforms spark growth, Japan is well-positioned to reemerge as a global investment force.

In the US, despite moderate growth, we see very attractive valuations while many emerging markets are undervalued. But 7% growth in China is unrealistic.

EM debt is a relatively new asset class. In any liquid format, it's only been around for about 20 years - and the most attractive part of the EM debt market has yet to re-rate.

It is given that we all are wired to act foolishly sometimes, so how can we be better "choice architects" and "decision reassurers" for ourselves and our clients?

This presentation addresses the importance of developing improved and dynamic investment approaches that seek to better understand and manage total portfolio risk as well as identify sources of return.

Individuals are vulnerable to economic and financial risks as they approach and enter retirement. Insights from behavioural finance can be used to enhance risk communication and retirement outcomes.

Investors should be aware of the risks they are exposed to within a portfolio and when they're being paid to take risk (or not). A different approach is needed to build portfolios with better risk awareness.

Formal reports redolent with data and analysis fail to communicate risks as people actually feel them. Reports need to be replaced by rapports, by engaged conversations.

The empirical relation between risk and return in emerging equity markets is flat, or even negative - including controlling for exposures to the size, value and momentum effects.

Company fundamentals don't change nearly as much as equity market prices - and therein lies an opportunity for investors with a longer-term view.