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Asset Management: Monthly Letter – February 2019

Marc-Antoine Collard, Chief Economist, Head of Economic Research, Asset Management, Europe

While global growth in 2018 remained close to post-crisis highs, the economy is nonetheless weakening at a rate that is much faster than most expected, on the back of disappointing manufacturing activity. Yet, after stumbling in Q4 2018, financial markets have since recovered sharply, supported by the hope that Central Banks will, once again, come to the rescue. Wishful thinking?

Read the full analysis in the Monthly Letter (PDF 147 KB) 

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Asset Management