February 21, 2024



Global markets have recovered from last year’s slump, but investment managers and Advisors hope to push clients back into action Vigilance should not be let down.

Those were the takeaways from a virtual panel at big asset manager Franklin Templeton on Wednesday, as in-house experts discussed the state of global markets so far in 2023 and reviewed the key takeaways for investors heading into the second half of the year. risks and opportunities.

“Global growth is recovering as many investors brace for a recession,” said Paul Mielczarski, head of global macro strategy at Brandywine Global Investment Management, the specialist investment arm of Franklin Templeton. made a pretty solid return. So if you look at global stock markets, they’re up 10% to 15%.”

Mielczarski said the lifting of COVID-19 restrictions in China, the “reversal of the energy shock in Europe” and the start of “lower headline inflation” contributed.

Other panelists included Sonal Desai, fixed income portfolio manager and chief investment officer at Franklin Templeton, and Rich Byrne, president of Franklin Templeton’s Benefit Street Partners. Katie Klingensmith, Senior Vice President and Investment Specialist, Brandywine, is the moderator.

Franklin Templeton is known for its wide range of mutual fund products, Announced in May plans to buy rival Putnam Investments From Great-West Lifeco. Here are three takeaways from the investment manager panel.