- Multi-asset investing provides diversification benefits and opportunities to generate returns across different asset classes, regions, and sectors. However, the current global economic environment remains challenging with ongoing uncertainty especially around emerging markets. - Central banks have pursued accommodative monetary policies which have led to low government bond yields, though volatility has increased recently. Multi-asset funds allow investors to reduce interest rate risk while accessing potential returns elsewhere. - Emerging market turmoil, particularly related to China, has spread volatility to developed market assets and commodities. Inflation expectations have declined, though real yields have risen slightly. The outlook remains uncertain depending on further contagion.