Amid rising trade tensions between the US and China, and a likely increase in market volatility as the Trump administration presses ahead with Chinese tariffs, there are a number of reasons we remain overweight global equities.

In this month's Macro Monthly, Erin Browne, Head of Asset Allocation, Investment Solutions, explains her view that the combination of a stable dollar, China's stimulus program and continued solid global growth and earnings should provide a cushion despite non-negligible trade risks.