Aviva Investors: Economic recovery to continue into 2021

Additional full lockdowns to be avoided

Lauren Mason
clock • 2 min read

The economic recovery that began in May is set to continue throughout the rest of the year and into 2021, according to Aviva Investors' Michael Grady, who said further waves of Covid-19 across the world should be "successfully countered" by limited and targeted restrictions, thereby avoiding the need for full lockdowns.

The head of investment strategy and chief economist believes potential headwinds on the horizon for the global economy have reduced significantly since the summer, while the upside case will only be enhanced by "the eventual development and distribution of effective vaccines in early 2021", alongside the continuation of ultra-loose monetary policy and fiscal support from central banks. However, he pointed out an economic revival is dependent on the continuation of such policy and "generous" fiscal support for both businesses and workers. BlueBay's Kettle: 'Narrow window' to reposition...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Multi-asset

Scopic Multi-Asset Performance Review: Hawksmoor Vanbrugh fund

Scopic Multi-Asset Performance Review: Hawksmoor Vanbrugh fund

Performance review of multi-asset funds

Paul Ilott, Scopic Research
clock 18 October 2024 • 4 min read
Robeco bolsters multi-asset offering with launch of Flexible Allocation strategy

Robeco bolsters multi-asset offering with launch of Flexible Allocation strategy

Fourth multi-asset strategy

Linus Uhlig
clock 25 September 2024 • 1 min read
Risk assets move back into fashion with multi-asset teams in Q3

Risk assets move back into fashion with multi-asset teams in Q3

Japanese equities continue to be most strongly favoured asset class

Paul Ilott
clock 10 September 2024 • 7 min read
Trustpilot