Investor Sentiment Indicator: Insurers eye EM assets

The first few months of 2019 have certainly turned out better than the doomsayers were predicting in the wake of market performance in December. As of the start of April, global equities had gained 13%, according to the MSCI Word index, helped by the reluctance of central banks in the developed world to reverse the easy-money train.  Even China, which has been in a wrangle with the US over trade tariffs and is experiencing a relatively sluggish economy for the first time in many…