Aviva Investors forecasts strong global recovery in 2021 due to vaccine and fiscal tailwinds

'Pent-up' demand driving revival

Pedro Gonçalves
clock • 2 min read

Aviva Investors has predicted a strong global recovery in 2021 driven by a combination of economic drivers, resulting in an above-consensus outlook for growth.

The asset manager said that although uncertainties remain, the Covid-19 pandemic is coming to an end as successful roll-outs of vaccination programmes are allowing economies to reopen. "Pent-up demand, large savings buffers and ongoing fiscal and monetary policy support will all help boost the recovery," it said in its Q2 2021 Aviva Investors House View report. Aviva Investors CEO Mark Versey joins IA board Despite worries about virus mutations and renewed lockdowns in a number of regions, businesses and households have proven themselves to be "resilient and resourceful", Aviva Inv...

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