Tue, Sep 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Amundi Asset Management predicts possible end of the debt crisis in pivotal year ahead

Monday, January 14, 2013

Beverly Chandler, Opalesque London: Editor Philippe Ithurbide of Amundi Asset Management has predicted likely scenarios and allocations which lie ahead in 2013 in his Cross Asset Investment Strategy: 2013 and beyond.

Key points in his summary include:

  • 2013 will be a pivotal year and not merely one of transition: it will determine future trends and perhaps bring the debt crisis to an end. We will find out whether 2012's resilient markets were based on sustainable progress or extreme complacency toward the solutions offered by the European sovereigns. Admittedly, every deficit and debt problem will not be resolved in the coming months. We do not expect an end to the problems, just an end to the crisis. That would already be a major step forward and something to be happy about.

  • 2013: Global economy still under fiscal constraint but with less financial stress. Due to the constraining effect of deleveraging in developed countries, the global economy will not return to pre-crisis expansion rates in 2013. Nonetheless, we believe that global growth will accelerate in 2013 (from +3.0% to +3.5%) thanks to a more favourable financial environment for economic activity (especially in Europe). Against this backdrop, the United States should post a growth rate of just over 2%, while Europe will probably see its GDP stagnate. Japan will likely post sluggish growth, and the emerging countries ......................

    To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Star names struggle as smaller hedge funds make hay[more]

    From eFinancialnews.com: Many big-name funds have been hit by sharp reversals in markets, including US government bonds and UK stocks, and have struggled to extricate themselves from positions that have gone bad. According to data group eVestment, hedge funds below $250 million in size are up 4.1% t

  2. North America - Acela fight splits hedge fund Connecticut and old money enclaves[more]

    From Bloomberg.com: Connecticut’s residential coastline is two worlds, the one of newcomer millionaires and one whose wealth and New England roots span generations. Now, their differences over a rail route threaten to gum up plans for the U.S. Northeast’s fastest-ever trains. About 30 miles from Man

  3. Activist News - Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership, Activist investors double chance of CEO exits[more]

    Caesars offers creditors another $1.6bn, would spell end of hedge fund ownership From Calvinayre.com: Casino operator Caesars Entertainment has improved its offer to junior creditors to over $5b, but the offer is only good until Friday. On Wednesday, Caesars added an extra $1.6b to the $

  4. Nobel Sustainability Trust, Prince Albert II of Monaco help launch major new initiative to drive sustainable technologies[more]

    Matthias Knab, Opalesque: The Nobel Sustainability® Trust ("NST") is leading a major new initiative to finance, incubate and accelerate the development of clean technologies. The initiative will start with the formation of the Nobel Sustainability Fund® ("NSF"). NSF will drive faster access t

  5. Comment - ‘Gut feeling’ measurable in hedge fund traders, How hedge fund managers can use blockchain to maximize benefits[more]

    ‘Gut feeling’ measurable in hedge fund traders From Laboratoryequipment.com: “Gut feeling” is an intangible – an automatic hunch – based on prior experience for some people. But the “gut feeling” is actually a measurable response developed in professionals doing some high-risk work, acco