SEB: Investment Outlook: Brexit and Chinese debt worry investors
A possible British exit from the European Union ("Brexit"), Chinese debt and the pace of global economic growth are worrying investors. The US Federal Reserve will raise its key interest rate in July and Sweden's Riksbank is done with cutting its key rate, predicts SEB's Investment Outlook.
The second 2016 issue of the quarterly Investment Outlook notes that the pace of annual global growth remains at about three per cent and that investors have accepted a slow-growth, low-inflation environment, but the economic situation has improved, commodity prices have recovered and global consumers are still feeling good.
"First quarter corporate earnings were not impressive, nor were they as weak as feared. The question is whether global companies will now start to deliver rising profits, after a few years of weak performance," says Fredrik Öberg, Chief Investment Officer at SEB Private Banking.
Rising prices for global equities, a rebound in commodity markets and more stable trends for alternative investments - these are among the developments covered by Investment Outlook .
The report also presents in-depth examinations of three themes: conceivable Brexit/Bremain scenarios, developments in the European car industry and the future of alternative energy sources such as wind and solar power.
Investment Outlook provides tips and advice about current risks and opportunities in the art of investing. The report can be read in its entirety at www.sebgroup.se.
For further information, please contact: Fredrik Öberg, Chief Investment Officer +46 8 763 63 04 fredrik.oberg@seb.se | Press contact: Anna Helsén, Group Press Officer +46 8 763 99 47, +46 70 698 48 58 anna.helsen@seb.se |
SEB is a leading Nordic financial services group. As a relationship bank, SEB in Sweden and the Baltic countries offers financial advice and a wide range of other financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. On March 31, 2016, the Group's total assets amounted to SEK 2,700 billion while its assets under management totalled SEK 1,637 billion. The Group has about 15,500 employees. Read more about SEB at www.sebgroup.com. |