Identifying the structural growth opportunities in the clean economy

Widespread signs of global growth slowdown

Despite a recent de-escalation of the trade dispute, the absence of a lasting resolution has weighed on business confidence and investment activity globally.

In light of widespread signs of a slowdown in global growth, central banks appear ready to ease. The market now expects the US Federal Reserve to cut rates in July, with further easing throughout H2 of 2019. The adjustment in expectations for US rates drove equity markets higher during June. In addition to the supportive liquidity backdrop, healthy and growing dividend yields offer additional support to markets while macroeconomic uncertainties persist. Any evidence of a resolution to the trade dispute will be treated positively by investors. While we recognise the importance...