The global economic recovery remains on track despite the setback of April's newsflow. Graeme John...
The global economic recovery remains on track despite the setback of April's newsflow. Graeme Johnston, investment director at Britannic Asset Management, said he remains confident of global equity markets rebounding despite the recent downturn in output figures. The steep recovery hitherto enjoyed in the ISM manufacturing index has flattened, while the labour market, which has been improving for some months, has fallen back once more. UK output has remained flat quarter on quarter, falling short of modest expectations, while German manufacturing slid further. Johnstone said: 'We are...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes