Top of main content
Wind Turbines

Looking beyond uncertainty

House views
Investment outlook
Investment Insights

Looking beyond uncertainty

Jul 6, 2022

We sat down with Willem Sels, Global Chief Investment Officer at HSBC Global Private Banking and Wealth, to discuss why – and how – investors need to react to a world that is fundamentally changing, and how they can adapt to disruption.

Key talking points include: 

Our macro views

  • We expect a broad-based slowdown in global economic growth
  • But no recession – therefore no stagflation
  • An ease in inflationary pressure, albeit a gradual one
     

Top structural themes. Our high conviction themes continue to be centred around 

  • the digital transformation
  • the sustainability revolution
  • Asia’s structural strengths


The new definition of ‘quality’. Companies need

  • a stable market position to protect margins;
  • healthy balance sheets; and
  • strong human capital
     

For more on our house views and investment themes, read our latest Investment Outlook report. And for more expertise, including market updates and regional outlooks, visit our investment insights page.

The information on this site refers to services or products which are not available in certain locations, or which, in any relevant location, may have components, methods, structures and terms different from the ones described, as well as restrictions on client eligibility. Please contact a Relationship Manager for details of services and products that may be available to you.

The use of the label ‘HSBC Private Banking’, ‘HSBC Private Bank’, ‘we’, or ‘us’ refers to HSBC’s worldwide private banking business, and is not indicative of any legal entity or relationship.

This information is entirely qualified by reference to the terms and conditions of the specific service, if any, provided by the relevant HSBC company.

Nothing here is to be deemed an offer, solicitation, endorsement, or recommendation to buy or sell any general or specific product, service or security and should not be considered to constitute investment advice.

Please note that HSBC Private Banking does not provide Legal and Tax Advice.

Before proceeding, please refer to the full Disclaimer and the Terms and Conditions.
Listening to what you have to say about services matters to us. It's easy to share your ideas, stay informed and join the conversation.