Economic and market outlook

  • Global growth expectations marked down again
  • Inflation set to rise steadily in H2 from historically low levels
  • Global monetary policy set to remain easy, but the Fed to tighten



Important Information

The information provided in this document and any appendices is confidential and should be used only for the purposes requested. Any material cannot, wholly or partly be copied, reproduced or provided to a 3rd party without the express consent of Aviva Investors.

Unless stated otherwise, any sources and opinions expressed are those of Aviva Investors Global Services Limited (Aviva Investors) as at 31st March 2016. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature. The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested. Some of the information within this document is based upon Aviva Investors estimates. It is not to be relied on by anyone else for the purpose of making investment decisions.

Nothing in this document is intended to or should be construed as advice or recommendations of any nature. This document is not a recommendation to sell or purchase any investment. It does not form part of any contract for the sale or purchase of any investment.

Any forward-looking information contained herein is subject to certain inherent limitations. Such information is information that is not purely historical in nature and may include, among other things, proposed or target portfolio composition, specific investment strategies and forecasts of future market or economic conditions. Any forward-looking information contained herein is based upon certain assumptions, which are unlikely to be consistent with and may differ materially from, actual events and conditions. In addition, not all relevant events or conditions may have been considered in developing such assumptions. Accordingly,actual results will vary and the variations may be material.  Prospective investors should understand such assumptions and evaluate whether they are appropriate for their purposes. This[document] may also contain historical market data; however, historical market trends are not reliable indicators of future market behaviour. Aviva Investors is not under any obligation to subsequently update this information.

The information contained on this document is believed to be accurate and current at the time of compilation and is provided in good faith. Aviva Investors does not accept any responsibility arising in any way (including negligence) for errors in or omissions from information contained in this document or for any loss or damage (whether direct, indirect or otherwise) suffered by the recipient of the information contained in this document, or any other person.

The information contained in this document should be used as general information only. It has been prepared without taking into account any person’s objectives, financial situation or needs. Before relying on any information contained in on this document, you should consider whether the information is appropriate to your particular objectives, financial situation and needs and obtain professional financial, taxation and legal advice.

ADDITIONAL IMPORTANT NOTICE FOR DIFC, DUBAI ONLY- This document is intended for distribution only to Persons of a type specified in the DFSA’s Rules “Professional Clients” and must not, therefore, be delivered to, or relied on by, any other type of Person. This document is for the exclusive use of the persons to whom it is addressed and in connection with the subject matter contained therein. Distributed by Aviva Investors Global Services Limited regulated by the Dubai Financial Services Authority as a Representative Office with its address at Office 108, Al Fattan Currency House, DIFC, Dubai, UAE and entered on the DFSA registerunder Firm Reference number F001481. The Dubai Financial Services Authority has no responsibility for reviewing or verifying this document. The Dubai Financial Services Authority has not approved thisdocument nor taken steps to verify the information set out in it and has no responsibility for it.

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: St. Helen’s, 1 Undershaft, London EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority and a member of the Investment Association. Contact us at Aviva Investors Global Services Limited, St. Helen’s, 1 Undershaft, London EC3P 3DQ. Telephone calls may be recorded for training and monitoring purposes.

Compliance code: RA16/0247/31072016