BMO Financial Group
TSX : BMO
NYSE : BMO

BMO Financial Group
BMO Global Asset Management

BMO Global Asset Management

December 12, 2014 05:00 ET

BMO Global Asset Management Releases 2015-2020 Global Investment Outlook Report

CHICAGO, ILLINOIS--(Marketwired - Dec. 12, 2014) - BMO Global Asset Management today released its second annual secular outlook report during a media panel featuring presentations from the firm's leading investment experts. The event was co-hosted by Barry McInerney and Rajiv Silgardo, Co-CEOs of BMO Global Asset Management.

The report, Secular Outlook 2015-2020, examines longer-term trends expected to drive the global economy and markets over the next three to five years. It represents the outcome of the Global Investment Forum hosted by BMO Global Asset Management, which was held in October and attended by the organization's investment leaders and strategists from around the world.

"This report is intended both to inform our clients and serve as a longer-term guide for our multi-asset solutions team," said Mr. McInerney. "Given that this is an annual report, we examined the three scenarios from last year and deepened our analysis, making adjustments accordingly. By offering our views on a variety of scenarios, we hope to provide investors with a comprehensive understanding of our thought process and investment framework."

With each scenario, the investment professionals at BMO Global Asset Management developed a likelihood for their occurrence. The three scenarios and their probabilities are as follows:

  • The West Rides Again - Shifting Gears (60%): The consensus view of the firm is that ample liquidity and the broader growth environment favors the U.S., U.K. and Canada. In contrast, Japan, China and other parts of the West, namely continental Europe, may remain stagnant. The "Shifting Gears" scenario was added this year as those leading economies are picking up speed.
  • Synchronized Growth - Threading the Needle (25%): The more optimistic outlook offering substantial upside has been reduced in probability relative to last year. "Threading the Needle" reflects the increased challenges faced by the world's central banks in coordinating their actions in hopes of achieving synchronized growth.
  • Broken China - Bend But Do Not Break (15%): The least optimistic - and least likely - scenario considered by BMO Global Asset Management focuses on the growth-restricting forces that would bend the economies of the Eurozone and China. The likelihood of this scenario is slightly greater than last year because of problems facing these countries.

"This secular analysis informs our portfolio strategies and establishes guidelines for our active asset allocation decisions that may arise through our shorter-term outlooks," noted Mr. Silgardo. "'The West Rides Again' remains our central thesis and represents the key framework shaping our thinking, while the other scenarios serve as bookends to our main point of view. By honing these long-term predictions, we strengthen BMO Global Asset Management's position as a truly global firm with expertise in all corners of the world."

To obtain a copy of the report, visit www.bmogam.com/secularoutlook.

For more information on BMO Global Asset Management, visit www.bmogam.com .

About BMO Global Asset Management

BMO Global Asset Management is a global investment manager delivering service excellence from 24 offices in 14 countries to clients across five continents. Including discretionary and nondiscretionary assets, BMO Global Asset Management had more than $271 billion in assets under management, as of October 31, 2014.

Headquartered by four multi-disciplined investment teams based in Toronto, Chicago/Milwaukee, London and Hong Kong, the organization is complemented by a network of world-class boutique managers strategically located across the globe. They include LGM Investments, Monegy, Inc., Pyrford International Ltd., and Taplin, Canida & Habacht, LLC. With operations throughout North America and Europe, and in Abu Dhabi, Mumbai, Beijing, Shanghai, Hong Kong, Melbourne and Sydney, BMO Global Asset Management has been recognized by Pension & Investments as one of the world's largest 100 asset managers based on combined assets under management as of December 31, 2013 and is a signatory of the United Nations-supported Principles for Responsible Investment initiative (UNPRI).

BMO Global Asset Management is a part of BMO Financial Group (NYSE:BMO), a fully diversified financial services organization with C$522 billion total assets and more than 47,000 employees as of October 31, 2014.

Disclosures

BMO Global Asset Management is the brand name for various affiliated entities of BMO Financial Group that provide investment management, retirement, and trust and custody services. Certain of the products and services offered under the brand name BMO Global Asset Management are designed specifically for various categories of investors in a number of different countries and regions and may not be available to all investors. Products and services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations. BMO Financial Group (NYSE:BMO), is a service mark of Bank of Montreal (BMO).

Investors should carefully consider the investment objectives, risks, charges and expenses of the BMO Funds. This and other important information is contained in the prospectuses and/or summary prospectuses, which can be obtained by calling 1-800-580-3863. Please read carefully before investing. The investment risks of each Target Date Fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including equity and fixed income investments in the U.S. and abroad and may be subject to risks associated with investing in high yield, small cap, commodity-linked, and foreign securities. BMO Investment Distributors, LLC is the distributor of the BMO Funds.

BMO Asset Management U.S. consists of BMO Asset Management Corp., a part of BMO Global Asset Management.

All investments involve risk, including the possible loss of principal.

Investment products are: Not FDIC Insured / No Bank Guarantee / May Lose Value

©2014 BMO Financial Corp.

Contact Information