Columbia Threadneedle Investments

2019 Top 400 ranking: 47http://www.columbiathreadneedle.com

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Fixation on Brexit misses the bigger picture

Reflecting on 2018, global equity markets have lurched from optimism to pessimism. At the beginning of the year there was a complacent belief in synchronised global growth. But cut to the fourth quarter and many strategists are speculating whether the United States might soon enter a recession and how Chinese economic growth is slowing as they try to get a grip of their own excessive debt levels.

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