Greece – short-term volatility, but long-term global impact unlikely
Although the current situation is causing some market volatility, it is not as much as the amount of media attention might suggest. It is worth noting that Greece is a small economy, representing only 1.3% of GDP in the European Union. In our view, although whatever happens will be painful for the Greek people, it is unlikely to have a severe longer-term impact on Europe or global markets. (VIEW LINK)
Nikko Asset Management is one of Asia’s largest asset managers, providing high-conviction, active fund management across a range of Equity, Fixed Income, Multi-Asset and Alternative strategies. In April 2021, Yarra Capital Management acquired...