Mon, May 1, 2017
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

The world economy’s wounds are healing

Friday, November 22, 2013

Benedicte Gravrand, Opalesque Geneva:

According to Union Bancaire Privée (UBP), one of Switzerland’s leading private banks (with CHF81.1bn ($85.7bn) in AuM), the world economy’s wounds are healing. The bank’s economists see for 2014 continued speed-up in growth, a stronger G7 recovery and dovishness from the central banks.

"The market cycle should enter a more mature stage under the impetus of brisker world trade and, above all, a rebound in corporate capital expenditure," UBP’s release notes. "This will restore developed countries to their full growth potential and continue to heal the scars of the 2008 crisis."

Patrice Gautry, UBP’s Chief Economist, foresees that "rather than going back to how it was in 2006-2007, the market is more likely start a new, more lasting growth cycle, driven by the corporate world and its investments".

Developed countries will fare better, with the US intensifying the pace. Emerging countries will have to rebalance their investment-dependent economies through increased consumption and better competitiveness. Central banks can help in the recovery, UBP note, but should not withdraw their support too soon.

"Monetary policy will have a major role to play in this return to growth, even though words and actions will vary considerably from one central bank to the other", adds Mr Gautry.

"In 20......................

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. Opalesque Exclusive: Ex-Man manager combines sustainable investing with AI/ML[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: Dr. Richard Bateson, quant fund manager and physicist, has recently

  2. Other Voices: "Winner-take-all" dynamics and hedge fund investing[more]

    A growing stream of thinking in microeconomics is the concept of "winner-take-all" dynamics. The idea seems simple. A combination of networking economics and classic economies of scale creates situations where there are just a few dominant firms or economic agents who are able to capture significant

  3. Investing - How Chipotle's comeback attracted big data robots and value investors alike[more]

    From Forbes.com: When William Ackman's ailing hedge fund Pershing Square Capital Management bet $1 billion on shares in Chipotle Mexican Grill beginning in July 2016, the stakes couldn't have been higher. Pershing Square was reeling from what would eventually be a near $4 billion loss in drugmaker V

  4. Gondor Capital sees challenges ahead for financial markets as two hedge funds post strong gains in Q1[more]

    Komfie Manalo, Opalesque Asia: Vincent Au, portfolio manager of New York-based hedge fund firm Gondor Capital Management believes that the remaining of the year would be challenging for the financial markets even as his two hedge funds maintain

  5. Service Providers - Colemore launches fee tracking service for limited partners[more]

    Following Colmore's successful launch in January 2017, the firm has announced the launch of FAIR.. FAIR is designed to help private equity investors independently validate fees and incentives charged by underlying managers, saving time and providing an extra level of comfort. There is a glob