Bob Browne is executive vice president and chief investment officer for Northern Trust. He is a member of Northern Trust's Management Group. He is also a co-portfolio manager of the Northern Global Tactical Asset Allocation Fund.
Bob chairs the firm’s Investment Policy Committee, which sets investment policy for all Northern Trust groups in all asset classes. He is responsible for investment performance, process and philosophy across multiple investment strategies including fixed income, active equity and passive investments. Bob joined Northern Trust in January 2009 and has 30 years of investment experience.
Investors are always asking about the prospect of a recession. What I tell them today is that, in our five-year outlook, we do foresee the potential for some slowing down of global growth. But let me be clear. Growth may moderate over the next five year period but we do not see a high likelihood of a recession.