Video Script

The first point to highlight is the results season has been very strong. Were looking at very strong year on year growth as the result of the recovery from the pandemic crisis of last year and as economies re-open.

This has been probably the strongest reporting season since the global financial crisis. If you think about it, it has probably been even stronger than that given the recovery has to some extent been synchronised globally, give or take a few economies that have remained in lock-down for longer than expected.

Although what we would highlight is that into the second half of the year, the comps effect is going to be tougher and therefore that momentum will weaken somewhat. We think the most supportive geographic area will be Europe, if you think about it, Europe has taken longer to come out of the lock-down, there are still some economies that have delayed re-opening and we think as we get into Q2 reporting and then into Q3 this geographic area will be more supported.

We are also looking at the positive leading indictors, both manufacturing and services, where we think the economic momentum will remain well orientated.

We think we are looking at a prolonged economic growth as the result of the infrastructure spending that has been deployed or pledged across the major economies. This, given the nature of the infrastructure spending, which is long duration by definition, has the potential to make this economic cycle more prolonged, which again be supportive for equity markets.


Regulatory information and risk warnings

Past performance is not a guide to future returns

This information is issued and approved by Martin Currie Investment Management Limited (‘MCIM’). It does not constitute investment advice. Market and currency movements may cause the capital value of shares, and the income from them, to fall as well as rise and you may get back less than you invested.

The opinions contained in this recording are those of the named manager. They may not necessarily represent the views of other Martin Currie managers, strategies or funds. These opinions are not intended to be a forecast of future events, research, a guarantee of future results or investment advice.

The information contained has been compiled with considerable care to ensure its accuracy. However, no representation or warranty, express or implied, is made to its accuracy or completeness. Martin Currie has procured any research or analysis contained in this document for its own use. It is provided to you only incidentally and any opinions expressed are subject to change without notice.

The analysis of Environmental, Social and Governance (ESG) factors form an important part of the investment process and helps inform investment decisions. The strategy does not necessarily target particular sustainability outcomes.

Risk warning For full details of the risks involved in investing in Martin Currie Global Portfolio Trust (“GPT”), please read the GPT Investor Disclosure Document and the Annual Report 2021.

Write us

Find us at the office

Zawodniak- Bushar street no. 43, 41415 Nouakchott, Mauritania

Give us a ring

Janeicia Dischner
+77 583 658 542
Mon - Fri, 10:00-15:00

Tell us about you