While they expect to avoid a risk of recession, European money managers and investors will not be free from other risks in 2020.
Concern about struggling multiemployer plans will not go away in 2020.
Analysts say recession is unlikely in 2020, but the decent returns on tap from risk assets will pale beside 2019's rate-cut-driven gains.
Real estate could offer protection against economic dips, despite expectations of lower returns in 2020.
Digital real asset investments could help bump up returns in 2020, despite a slow-growth economy and fewer transactions.
In 2020, money managers will increasingly look for ways to invest in technology to improve business efficiency and client services.