It has been five years since the start of the Global Financial Crisis. In this period, we have seen dramatic developments in the global economy: unprecedented intervention of monetary authorities to stave off a Great Depression, the beginnings of a multi-year long deleveraging process in developed markets and finally the continued convergence between developed and emerging economies, driven by the continuation of catch up growth in the latter.
The Investment Institute’s first Journal examined what this meant for the global economy.
The views expressed are as at the date of publication and may no longer be current.
Past performance is not a reliable indicator of future results. The value of investments, and any income generated from them, can go down as well as up; losses may be made.
Equity investment: The value of equities (e.g. shares) and equity-related investments may vary according to company profits and future prospects as well as more general market factors. In the event of a company default (e.g. bankruptcy), the owners of their equity rank last in terms of any financial payment from that company.
Investing in China: China may have less developed legal, political, economic and/or other systems. Investment in mainland China may therefore involve a higher risk of financial loss when compared with countries generally regarded as being more developed.
Emerging market: Some countries may have less developed legal, political, economic and/or other systems. These markets carry a higher risk of financial loss than those in countries generally regarded as being more developed.
The content of this journal is intended for professional investors and those with a sophisticated knowledge of financial markets (e.g. financial journalists, academics etc.) and should not be relied upon by anyone else.
Please confirm you fall under this category.Return to Investment Institute