JPMAM's Flanders: Weaker economy will mean weaker returns for investors

J.P. Morgan Asset Management's Stephanie Flanders has said that investors should "expect less of everything" in future - including investment returns - because of the weakness of the global economy.

Discussing her outlook for the coming quarter, JPMAM's chief economist (pictured) said recent data suggests the global economy will be fundamentally weaker for some time to come, which will impact investors' returns. She said: "All data on the potential of the global economy suggests that it will be weaker than it has been in the past. That will affect growth but it will also affect investment returns. The message is: expect less of everything." Despite this, Flanders believes both the Federal Reserve and the Bank of England are seeing enough positives to raise rates at the earliest e...