Though the firm does not expect a US recession over the next 12-18 months, Hui Tai, managing director and Asia chief investment strategist, recommends tweaking client portfolios now to adopt a more defensive position.
Tag: Recession
Asian fixed income stable in global context
The asset class has some insulation from global shocks due to the structure of the region’s two largest economies, said Eastspring Investments CIO of Asian fixed income Boon Peng Ooi.
BNY Mellon puts forward a provocative scenario
Don’t blindly accept the IMF’s “new mediocre” era of “low growth for a long time”. The synchronisation of rising economic growth in the US, China, Japan and India remains a plausible event, according to the bank’s research. BNY’s “G4 scenario” assumes that Japan’s average annual GDP growth is 2% for the remainder of the decade, […]
