Expectations for Global Growth

In 2010 global growth expectations for the next five years were modest owing to the lingering effects of the Global Financial Crisis . However, global growth over those five years disappointed even those modest expectations. The forecasts for the next five years are less optimistic than those in 2010.

Generally, the differing economic performances and monetary policies of countries creates opportunities for active management and we expect the next five years to offer as many opportunities for global bond managers as the last five.

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