The possibility of a trade war represents the biggest threat to global growth in 2019, according to research by Deutsche Bank Wealth Management’s Chief Investment Office.

Almost a third (31 percent) of respondents stated that a trade war was the greatest threat, with European politics being the second most popular being chosen by 19 percent.

Global chief investment officer Christian Nolting agreed, stating: “We have repeatedly highlighted these two issues as the two major threats. “We are less worried by threats such as quantitative tightening and policy mistakes.”

In spite of their trade war concerns,...