“And that I think, certainly has improved the mood. People are relatively positive, as a consequence of that,” says Hofer at a briefing to journalists on Jan 18.
LGT is upbeat on the prospects of the global economy in 2024.
The performance across most asset classes in 2023 ended on a better-than-expected note with a strong rally seen in bonds and equities, “and everything else” at the end of the year, says Stefan Hofer, managing director and chief investment strategist at LGT Private Banking in Asia.
