Q1 Investment Strategy & Outlook 2021

19 Jan

Q1 Investment Strategy & Outlook 2021

Global Investment Climate - Key Points

  • World GDP growth above +5% in 2021
  • Hopes for recovery supported by strong economic priorities in
    the US
  • Doubts regarding expected recovery in Europe
  • Less uncertain economic situation in Switzerland
  • Better, export-led economic prospects in Japan

UAE Investment Climate - Key Points

  • UAE economic activity is expected to rebound in 2021
  • Dubai’s economy is expected to grow by +4.0%.
  • Real estate at the bottom of the cycle in Dubai
  • The UAE is second globally in Covid-19 vaccine administration rates

Key convictions for Q1 2021 - Key Points

  • Weaker-than-expected global economic recovery in Q1
  • Solid macroeconomic outlook for 2021
  • Continuing support of budgetary, monetary and tax policies
  • The recovery will be green and favourable to stocks associated with the energy transition
  • Another positive year for risky assets?