68: CIO Outlook: Opportunities in adversity
When contemplating what the final months of 2019 might have in store, we are probably similar to many other investors in feeling somewhat apprehensive, given the challenges we face: trade tensions, slowing growth, policy uncertainty and, of course, Brexit. Global growth has cooled over the last year and so the key question is whether the world economy has the underlying strength to prevent a number of key risks – from trade tensions, to a manufacturing slowdown, to Brexit – from tipping it towards recession. This week, Sonja Laud and Emiel van den Heiligenberg discuss the their outlook for markets, their expectations for inflation and why, even in this uncertain environment, the Asset Allocation team still prefer equities to credit. Read the full outlook here: http://www.lgim.com/uk/en/knowledge/thought-leadership/?cid=lgimtalks · Sonja Laud, Chief Investment Officer · Emiel van den Heiligenberg, Head of Asset Allocation · Max Julius, Head of Content We want to hear from you! Email us at mark.chappel@lgim.com with your thoughts on the podcast and any suggestions of the guests or types of content you’d like to see covered. This podcast is intended for investment professionals, and shouldn’t be shared with a non-professional audience. This podcast should not be taken as an invitation to deal in Legal & General investments. Any views expressed during this recording belong to the individuals and are based on market conditions at the time of recording, and do not reflect the views of Legal & General Investment Management. Legal & General Investment Management is authorised and regulated by the Financial Conduct Authority. Legal & General Investment Management, One Coleman Street, London, EC2R 5AA. Register in England no. 2091894. All rights reserved. No part of this audio may be reproduced in whole or in part without the prior written consent of Legal & General Investment Management.