3 Trends Forcing Sovereign Funds to Rethink Tactical Asset Allocation
On September 15, Paris-based Organization for Economic Cooperation and Development (OECD) chopped its economic growth forecast for the United States and other large developed countries. The OECD painted a picture of the Eurozone facing very low inflation rates, pushing back demand and heightening unemployment. There is amplified divergence occurring in economic markets. Some countries are economically thriving and financially stabilizing, while others are on shaky ground. This is affecting where public funds want to allocate capital to.
Continental Europe faces sluggish growth, coupled with geopolitical tensions arising from the Middle East and Russia.
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