News DeskDubai, UAE – Emirates NBD Group’s Chief Investment Officer, Maurice Gravier, unveils the 2024 global investment outlook themed “The Year of Answers.” The outlook, presented at a media roundtable, emphasizes a strategic investment approach amid evolving economic and geopolitical landscapes.
Gravier anticipates 2024 to offer resolutions to lingering questions surrounding growth, inflation, central bank policies, and geopolitical dynamics. He predicts a shift towards less radical and more predictable central bank interventions, alongside significant changes in the international order and technological advancements.
The investment strategy prioritizes safe income sources while exercising caution with expensive and overcrowded assets. Gravier advocates for a slightly defensive stance, with a focus on value in selected stocks and bonds, particularly in the high yield segment.
Emirates NBD emphasizes tactical agility and selective portfolio management amidst ongoing volatility and geopolitical risks. Gravier suggests that while market returns may not be exceptional, active management could yield favorable results.
The outlook underscores the importance of valuation and selective investment choices, anticipating differentiation between assets as markets evolve. Gravier warns of limited upside potential for some asset classes and highlights the significance of geopolitical risk in shaping market dynamics.
Emirates NBD’s annual global investment outlook serves as a guiding blueprint for qualified clients, offering insights into investment opportunities, economic indicators, and financial market trends. The bank’s team of advisors utilizes this advisory to make informed recommendations on financial transactions and investments.
