Bank of America Forecasts a “More Challenging” 2022 for European Asset Managers

A defensive stance

Date:

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Pixabay CC0 Public Domain. ¿Será 2022 un año más “débil” en términos de negocio para las gestoras?

Autor: Beatriz Zúñiga

Bank of America thinks 2022 will be more challenging given conflicting messages on markets, growth, inflation, rates and COVID

"We prefer to be defensive at this stage in the cycle and favor stocks benefiting from structural growth , absolute/total return exposure, stable asset bases and proven cost control"

After rising 45% in 2021, Bank of America expects sector earnings to fall 5% in 2022