It’s time to be tactically cautious, but not overly pessimistic – ZAWYA

  • Date: 28-Jun-2020
  • Source: Zawya
  • Sector:Economy
  • Country:UAE
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It’s time to be tactically cautious, but not overly pessimistic – ZAWYA

It's time to be tactically cautious, but not overly pessimistic | ZAWYA MENA Edition HomeMarketsArticleIt's time to be tactically cautious, but not overly pessimisticMaurice GravierMaurice Gravier is Chief Investment Officer, Wealth Management at Emirates NBD, responsible for providing Emirates NBD's private banking and retail clientele with comprehensive financial advisory and valuable guidance on investment strategies. Gravier has over 20 years of investment experience, running large pools of assets for sophisticated international investors, across asset and wealth management. He held senior positions in Natixis Asset Management in France, Lombard Odier in Switzerland, Majid al Futtaim Trust in Dubai, before joining Emirates NBD in 2018. Gravier is a French national with a Masters in Management from ESCP Europe in Paris.Website: https://www.emiratesnbd.com/en/ Coming months should provide opportunities to add to cyclical exposure when markets become more realistically priced    The second quarter of the year is about to end and it was spectacular on financial markets. Looking at their performance, it would simply be impossible to guess that in the very same three months, the world experienced one if its most brutal recession in history, with a contraction twice as severe as during the great financial crisis. At the time of writing, this