Realignment of Global Growth: Implications for Asia
A Luncheon Presentation by PETER OPPENHEIMER, Global Investment Research, Goldman Sachs
In the wake of the global financial crisis, global growth continues to remain indifferent even as governments flood the markets with liquidity in an attempt to revive them. In this aftermath, Asia appears to be showing signs of recovering earlier than other markets, thereby emerging as a safe haven for many investors.
What are the implications for the world economy of this possible de-linking of Asia? How has the realignment of global growth impacted equities compared to other asset classes? What are the risks facing future growth prospects—are there any bubbles in the offing?
Peter Oppenheimer is the London-based chief European equity strategist and co-head of Economics, Commodities, and Strategy Research for Goldman Sachs in Europe. He is also a member of the Research Operating Committee at Goldman Sachs. Oppenheimer joined Goldman Sachs in 2002 as European and global strategist and was named managing director in 2003 and partner in 2006. Prior to joining the firm, Oppenheimer worked as managing director and chief investment strategist at HSBC and has also held key senior positions at James Capel and Hambros Bank.