In this month’s Cross Asset Review, we assess the past performance of various asset classes and draw implications for multi asset investors. In the March quarter, the worst performing asset classes were the Australian Bonds, Global Aggregate Bonds and Gold. The Australian dollar index closed at 1.3% with the increase in commodity demand and prices. The continued monetary and fiscal support around the world and the broadening of the vaccine rollout program is like to provide ongoing support for cyclical recovery in economies, business cycle and earning.

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