The dramatic share market correction experienced in February did not have a wide-ranging impact on face value, but investors must examine its flow-on effects to obtain a more accurate picture of how significant the fall in stock values really was, a portfolio manager has said.

The global real estate asset class delivered modestly positive returns in 2017 and similar results are expected for the next 12 months.

Solid major trading partner growth and pending public infrastructure work will cushion the end of the most recent housing boom, while business investment is also poised to become a source of growth, Janus Henderson Investors has predicted.

A senior economist has said he expects both Australian and global equity markets to strengthen in the coming six to 12 months.