Two percent growth is the new four percent for mature economies’ GDP; in other words, the long-term outlook for global equity returns is likely to be in the mid-single digits.
This CPD-accredited article, published on AdviserVoice, is based on a presentation to advisers by John Tobin, portfolio manager with Epoch Investment Partners (Epoch). It looks at the global economic environment and expectations for growth in the coming years.
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