English

Asian giants - Economic models in contest

Report this content

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.
  • ECB and Bank of Japan quantitative easing keeps interest rates low.
  • Low default risks support high-yield bonds.
  • In tactical terms, we currently see limited return potential in equities.
  • Asset allocation of our balanced model portfolio for clients in Europe: 

Fixed Income: 47%, Equities: 40%, Alternatives: 10%, Commodities: 3%

Also in CIO View:

  • Fokus: giants compete.
  • The big picture: the effects of low interest rates can be as paralyzing in the long term as they are invigorating in the short term.
  • Investment traffic lights: our tactical and strategic view on different asset classes.
  • Portfolio: interview with Stéphane Junod, Chief Investment Officer for Wealth Management in Europe, the Middle East and Africa.
  • Alternatives portfolio: interview with Andreas Schmidt, Global Head of Primary Private Equity.


The CIO View is attached to this email. You can also obtain a copy of it at http://www.deutscheawm.com.

For further information please contact:

For more information please contact:
Carlos Cancino
Press contact Deutsche Asset & Wealth Management Nordic
Mob: 46 768 36 98 73
Epost: carlos.cancino@konsensus.se

Maik Rodewald
Tel. 49 69 910 14553
Epost: maik.rodewald@db.com

Sabina Díaz Duque
Tel: 49 69 910 14177
Epost: sabina.diaz-duque@db.com  

With EUR 1.16 trillion of assets under management (as of March 31, 2015), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.

¹ Deutsche Asset & Wealth Management is the brand name of the Asset & Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents.

Tags:

Asset management emerging markets Deutsche Bank Federal Reserve Asoka Wöhrmann Deutsche AWM Deutsche Asset Wealth Management asset allocation

Documents & Links