Aviva Investors braces for 'deep global recession in 2020'

Up to 20% drop in global activity 'plausible'

Mike Sheen
clock • 1 min read

The coronavirus pandemic is set to lead to the "deepest global recession of the post-war period", according to Aviva Investors, which has boosted allocations to governments bonds, and moved to "a more cautious currency allocation" and an equity underweight position.

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