Central banks are managing 'a very narrow landing strip,' CIO says.
Opportunities could arise in select emerging markets, PM says.
The conflict could be the "last hurrah" for conventional energy investors.
Pent-up demand for leisure travel has driven rebound in some markets.
Infrastructure and real estate have potential in a high inflationary environment.
The transition to a low-carbon economy will be copper-intensive.
Embracing other asset classes can smooth out the impact of volatility.
"Tesla is more like a 30-year bond," PM says.
The shift in monetary policy has been good for value
The pandemic, geopolitics and valuations pose risks, PM says.