Asian giants - Economic models in contest
The views that Deutsche Asset & Wealth Management’s Chief Investment Officer Asoka Wöhrmann expresses in the May issue of the new CIO View carry a lot of weight: He and his colleagues at Deutsche Asset & Wealth Management manage client assets totaling 1.04 trillion euros (as of December 31, 2014).His nine positions are: · China’s export plunge points to weaker growth. · India’s economy is set to outgrow China’s this year. · The global economy keeps on growing. · No progress on reforms could result in a Greek exit from the Eurozone. · The ECB reassures the financial markets.