World Finance Investment Management Awards 2019 | Finance World | 9 August 2019 |

At the most superficial level, the global economy appears to be in relatively good shape. In a June 2018 statement, the World Bank’s outlook was reasonably rosy, predicting the global economy would expand by 3.1 percent during the 2018 calendar year. The estimate was attributed to steady growth in the world’s developing economies and a recovering commodities sector boosting major industries elsewhere. For the world’s investment management firms, this might have been an exciting prospect; gradual growth across a variety of sectors should create plenty of opportunities for significant returns on investments. The reality of the situation, however, is nowhere near as simple.