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Equity strategies throughout an economic cycle

Date: March 2019

Read in PDF format English, PDF, 39KB
This chart shows equity strategies that may work during different stages of an economic cycle. Early recovery to expansion: momentum, value, growth, small and mid cap; peak: quality, low volatility and large cap; slowdown: quality, low volatility, defensive and large cap; early contraction: quality, low volatility, defensive and large cap; late contraction to early recovery: value, deep cyclical and small cap.

Source: HSBC Global Asset Management, March 2019. For illustrative purposes only. This page is prepared for general information purposes only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive it. This page does not constitute an offering document and should not be construed as a recommendation, an offer to sell or the solicitation of an offer to purchase or subscribe to any investment.

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