19
Jan
Q1 Investment Strategy & Outlook 2021
Global Investment Climate - Key Points
- Health measures necessitated by the 2nd wave threaten growth in the short term
- Covid-19 factor no longer influencing financial markets
- Reduced political risks and uncertainties
- New BFM paradigm supporting enthusiasm and risk-taking
- Central banks vaccinating markets against high valuations
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?
