The document provides an analysis of the economic outlook for 2016, focusing on emerging markets (EM) and developed markets (DM). It discusses the unwinding of equity over-allocation to EM, the depreciation of EM FX, and the impact of US rate hikes. The document includes a table of historical oil prices and outlines asset allocation strategies, recommending overweighting equities, particularly in the US and Japan, and underweighting bonds, cash, and commodities. It also suggests specific trades based on expected market movements.
documents/vol00010-efta01458996-pdf.pdf
{"title":"World Outlook 2016: Managing with less liquidity","key_people":["Binky Chadha","Parag Them","Raja Qua"],"document_date":"2015-12-08","document_type":"tabular","key_locations":["London"],"document_subtype":"financial analysis","key_organizations":["Deutsche Bank","EPFR Global","IMF"]}