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Investment Solutions Forum 2019 HK - Highlights - Simon Godfrey

Simon Godfrey of EFG Bank

Sep 23, 2019

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1. What are the challenges and opportunities for this industry?

Video transcript

1. What are the challenges and opportunities for this industry?

The opportunities for investors are really to stay invested in risk assets, as they have been since the beginning of this year. We do believe that the chances of a recession in the next 12 months are not high, and therefore investors should continue to enjoy good returns in risk assets and equity markets, in particular. However, at the same time, we must remember that we are in the mid to late cycle, and therefore we must also look for the risk of recession coming over the horizon at some point in time, or at least an end to the credit cycle. Therefore, I believe investors should be cautiously optimistic about conditions in financial markets.