At the end of 2015 we selected four areas we believed would perform well during the year ahead - Europe, Japan, Emerging markets and Asia ex-Japan and wealth preservation. And despite the market reaction to a number of surprises including the UK's vote for Brexit and the election of Donald Trump as US president, Japanese, European and emerging market equities all surged, as instead of hitting new lows, markets rebuffed the newsflow to maintain stellar performance.
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