A highly discerning approach to selecting investments is the order of the day as 2019 draws to a close, with traditional asset classes presenting opportunities and risks in almost equal measure.

Investors are faced with even greater uncertainly than usual, yet there are possible bright spots amid the gloom – and even attractive opportunities to hunt for undervalued assets too.

Fears of recession are front of mind this December, but the bear market case warrants further examination, our experts say. There may also be investment opportunities to take advantage of as volatility stalks the markets.