We review a strong end of the year for risk assets, boosted by the Phase One US/China trade deal and further monetary stimulus from China. With geopolitical tensions potentially rising, we conclude with thoughts for the markets in 2020.​​​​​​​​​​​​​​ ​​​​​​​ Presented by Sheldon MacDonald, CFA, Deputy Chief Investment Officer and Quentin De Bottini, Investment Manager. Hosted by Jonathan Arthur, Senior Product Specialist. This podcast is intended for investment professionals, and must not be shared with a non-professional audience. This podcast is for information purposes only and is intended to broaden listeners' awareness of financial markets and no part of the materials should be construed to represent financial advice or an offer to buy, sell or otherwise participate in any investment activity or strategy. The content is based on information sources that are deemed reliable at the time of recording. Architas has no express or implied warranty, guarantee or statement as to the accuracy, suitability or completeness of the information provided. All rights are reserved. Without the prior consent of the copyright holder, no part of this podcast in any form or by any means is allowed to be published, copied or emailed or stored in an information system. These materials originate from Architas Multi-Manager Limited ("Architas"). Architas is a company registered in England No. 06458717, registered office: 5 Old Broad Street, London, EC2N 1AD. Architas Multi-Manager Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register: register.fca.org.uk/ number 477328. These materials are not intended for audiences in the United States of America.