Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Internet Explorer, Google Chrome, Apple Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.  

See how to update your browser

A swoosh-shaped recovery is expected

A swoosh-shaped recovery is expected, predicts HSBC Global Asset Management
10 June 2020
    Read in PDF formatEnglish, PDF, 137.03KB
    Print this article

    Key takeaways

    • The first half of this year has been truly remarkable with very large and rapid market moves due to COVID-19 and the response to it. Despite a rapid and large policy response, global growth has collapsed. Looking ahead, HSBC Global Asset Management (“HSBC”) expects a swoosh-shaped recovery with the balance of risks towards a prolonged slump rather than a V-shaped bounce
    • Investors need to work harder to diversify their portfolios to ride through this difficult period. While high quality credit with yield pick-up looks interesting, regional allocation, styles and sectors differentiation have come to the fore, highlighting the importance of selectivity