What shape will the much anticipated economy recovery take, and what does that mean for markets and portfolios?
At this year’s PortfolioConstruction Conference (August 26-27, 2009), Jonathan Pain (chief investment officer with HFA Asset Management), Hamish Douglass (managing director with Magellan Asset Management), and Chris Watling (chief executive of UK-based Longview Economics) will discuss the shape of the recovery.
Will it be V-shaped — a rapid rebound in economy and markets — as many are hoping? Or are we in for a L-shaped recovery, where the economy struggles sideways for years? Or, perhaps, a W, bringing a double-dip downturn as Government stimulus fades? U-shaped, a longer than usual downturn, followed by an eventual return to prosperity? Or the more exotic square root recovery, where we see a quick rebound followed by flat growth in the longer term?
Now in its seventh year, PortfolioConstruction Conference has earned a reputation as the investment conference of the year.
To register, go to http://www.PortfolioConstruction.com.au/Conference.
Research papers from the PortfolioConstruction Conference will be available in the August edition of Money Management’s Technical Adviser.
