Pioneer Investments case study

Challenges and Opportunities in a Zero Rate World

Published by : Pioneer Investments

In this piece, Giordano Lombardo, Group CIO at Pioneer Investments considers the rising debt mountain as a major trend influencing the economic outlook for the coming years. He provides his views, combining financial repression, fiscal austerity and growth as possible ways out of it.

With a prolonged period of real negative rates on core government bonds, he believes the more attractive opportunities are in equities, in credit markets and real assets that could protect from rising inflation.


Published:22 January 2013

Business Area: Investment

Type: Portable Document Format (.pdf)


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