Quarterly Outlook Q1 2012: Rising to the challenge

Press release -

ABN AMRO Private Banking predicts a eurozone recession next year whatever the outcome of the current financial crisis, forecasting negative GDP growth of -0.8% against a market consensus of 0.6% in the Q1 2012 Investment Outlook report titled ‘Rising to the challenge’.

ABN AMRO Private Banking predicts a eurozone recession next year whatever the outcome of the current financial crisis, forecasting negative GDP growth of -0.8% against a market consensus of 0.6% in the Q1 2012 Investment Outlook report titled Rising to the challenge. However, the bank believes global recession will be avoided by positive impetus from fast growing countries in Asia and Latin America, as well as modest economic growth in the US. A significant threat from inflation is not foreseen and rates lower than consensus estimates can be anticipated in most countries. 

The bank’s balanced model portfolio moves to 30% cash, 28% bonds, 34% equities and 8% alternatives, with allocations driven by risk profile rather than return expectations. “The tremendous challenges facing policy makers and high market volatility require prudent and vigilant asset allocation. We are keeping a close watch on growth signals in the US and Asia – and their positive implication for the private sector, ” says Didier Duret, Chief Investment Officer. 

Delen

<h2>Delen</h2><ul class="social share-article"><li class="twitter"><a target="_blank" rel="noopener noreferrer" href="https://twitter.com/intent/tweet?url=https://www.abnamroprivatebanking.be/nl/nieuws/artikels-en-persberichten/quarterly-outlook-q1-2012.html&amp;amp;text=Quarterly+Outlook+Q1+2012" title="Deel deze pagina via Twitter"><span class="label">Delen op</span><span class="network">Twitter</span></a></li><li class="linkedin"><a target="_blank" rel="noopener noreferrer" href="https://www.linkedin.com/shareArticle?mini=true&amp;url=https://www.abnamroprivatebanking.be/nl/nieuws/artikels-en-persberichten/quarterly-outlook-q1-2012.html&amp;title=Quarterly+Outlook+Q1+2012" title="Deel deze pagina via LinkedIn"><span class="label">Delen op</span><span class="network">LinkedIn</span></a></li><li class="facebook"><a target="_blank" rel="noopener noreferrer" href="https://www.facebook.com/sharer.php?u=https://www.abnamroprivatebanking.be/nl/nieuws/artikels-en-persberichten/quarterly-outlook-q1-2012.html" title="Deel deze pagina op Facebook"><span class="label">Delen op</span><span class="network">Facebook</span></a></li><li class="googleplus"><a target="_blank" rel="noopener noreferrer" href="https://plus.google.com/share?url=https://www.abnamroprivatebanking.be/nl/nieuws/artikels-en-persberichten/quarterly-outlook-q1-2012.html" title="Deel deze pagina op Google+"><span class="label">Delen op</span><span class="network">Google+</span></a></li><li class="whatsapp"><a target="_blank" href="whatsapp://send?text=Quarterly+Outlook+Q1+2012 https://www.abnamroprivatebanking.be/nl/nieuws/artikels-en-persberichten/quarterly-outlook-q1-2012.html" title="Deel deze pagina via WhatsApp"><span class="label">Delen op</span><span class="network">WhatsApp</span></a></li></ul>