Deutsche Asset & Wealth Management

DeAWM - Ingen oro för inflation

Pressmeddelande   •   Maj 19, 2014 10:05 CEST

Dear Ladies and Gentlemen,

The views that our Co-Chief investment officer Asoka Wöhrmann expresses in the May issue of the new CIO View carry a lot of weight: He and his colleagues at Deutsche Asset & Wealth Management manage client assets totaling 934 billion euros (as of March 31, 2014).

His nine positions are:

·  Global economic growth outlook for 2014 remains unchanged: 3.7%
·  The Eurozone will manage modest growth this year: 0.9%
·  Commodity prices are likely to soften. Oil prices will remain under pressure
·  Fair valuations and rising earnings support equities
·  Investor interest tightens Eurozone periphery spreads
·  Fears of a deflationary crisis in the Eurozone are overblown
·  Euro Stoxx 50 Index moves upwards, but it will be a bumpy ride
·  Emerging markets start to appeal again – but be selective
·  Asset allocation of our balanced model portfolio for clients based in Europe, Middle East & Africa:

Fixed income: 43,6%, Equities: 45%, Absolute return: 10%, Commodities: 1.4%

Also in CIO View:

-Focus: Eurozone – inflation low, deflation no
-The big picture: interview with Asoka Wöhrmann
-Investment traffic lights: our tactical and strategic view on different asset classes
-Core portfolio allocation: interview with Stéphane Junod, regional chief investment officer
-Absolute return portfolio: interview with Mark Roberts, Head of Research & Strategy, Alternatives and Real Assets
-High-conviction ideas: selected investment ideas to complement wealth management clients’ portfolios

You can also obtain a copy of CIO View at www.DeAWM.com.

We hope our publication proves to be quite valuable to you.

Press Contact:
Maik Rodewald
Tel: +49 (0)69 / 9101 4533
E-mail: maik.rodewald@db.com

Sabina Díaz Duque
Tel: +49 (0)69 / 9101 4177  
E-Mail: sabina.diaz-duque@db.com

Deutsche Asset & Wealth Management

With €934 billion of assets under management (as of March 31, 2014), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.

¹ Deutsche Asset & Wealth Management is the brand name of the Asset & Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents