Julius Baer’s group chief investment officer pinpoints where investors should focus their attention when considering their portfoliosYves Bonzon, group chief investment officer at Swiss wealth manager Julius Baer. Picture: SUPPLIED/JULIUS BAER
Society in advanced economies is transitioning from neoliberal orthodoxy to an era of “state-sponsored capitalism”. The former is characterised by fiscal prudence and monetary policy dominance, while the latter will seek to use the full combined force of both monetary and fiscal levers to reduce the growth-debilitating inequalities that have emerged as a direct result of neoliberal policies.
The thought process behind the decision was clear: if the two major sources of global growth were technology and emerging markets, China was the only place where the two growth engines converged.initial public offering If you had to pick one trend that has made it into your Secular Outlook in a big way, what would it be?
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