Spring 2023
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15 reasons for guarded optimism on outlook
Give two and a half cheers for the world economy, writes David Marsh, chairman, OMFIF.
Investment
Time for a radical re-think of asset allocation
The facts have changed, writes Niall O’Sullivan, EMEA chief investment officer, multi asset strategies, Neuberger Berman.
Public investor outlook looks brighter than 2022
Higher expected returns in fixed income should provide opportunities for reserve managers in 2023, writes Massimiliano Castelli, head of strategy and advice, and Philipp Salman, strategy and advice, sovereign institutions, UBS Asset Management.
Global
Global economy faces challenging 2023
Extent of malaise unclear with more questions than answers, writes Mark Sobel, US chair, OMFIF.
Not too late for a safe landing
High-risk moment for global economy requires careful steering, writes Simona Mocuta, chief economist, State Street Global Advisors.
What to expect for ESG
Regulation, deforestation and energy security high on the agenda, writes Eoin Murray, head of investment, Federated Hermes Limited.
Foreign exchange traders might actually have to earn their keep
The dollar’s course will be far less predictable, writes Mark Sobel, US chair, OMFIF.
Emerging markets
Housing market will weigh on China’s recovery
Reviving consumption and domestic demand is top priority, writes Duncan Wrigley, chief China economist, Pantheon Macroeconomics.
Emerging markets are not out of the woods
Degree of caution needed over EM outlook, writes Nikhil Sanghani, managing director, Research, OMFIF.
Europe
Euro will continue to beat expectations
ECB prioritising balance sheet reduction, writes Geoffrey Yu, senior EMEA market strategist, BNY Mellon.
It’s not every day that Europe gets lucky
Economic stagnation now more likely than outright recession, writes Agnès Belaisch, chief European strategist, Barings Investment Institute.
UK problems require hard political graft
Don’t expect much cheer writes Meghnad Desai, chair, OMFIF Advisory Council.
OMFIF outlook: what’s in store for 2023?
OMFIF Economist Taylor Pearce and Chief Economist Neil Williams delve into what to look out for in the year ahead in this lightning round podcast.
Public investor outlook 2023
As they head into the new year, what are the primary concerns for public asset owners? Max Castelli, head of strategy and advice, global sovereign markets, UBS Asset Management, joins Taylor Pearce, economist, OMFIF.
Japan: 25 years of adding liquidity and counting
BoJ may reform the yield target, but still has to keep debt costs down, writes Neil Williams, chief economist at OMFIF.
Reserve management: what to watch for in 2023
Inflation, currency flows and geopolitics will remain key concerns, writes Nikhil Sanghani, managing director, research at OMFIF.
A new China strategy for Germany
Reducing external dependency has become a priority for German policy-makers, writes Taylor Pearce, economist at OMFIF.
