Fund manager interview series

Too early to tell if global economy is heading for recovery in 2020

Ms Pilar Gomez-Bravo says emerging economies are performing better than developed countries. They haven't engaged in quantitative-easing experiments, so there's room to cut real rates to boost growth.
Ms Pilar Gomez-Bravo says emerging economies are performing better than developed countries. They haven't engaged in quantitative-easing experiments, so there's room to cut real rates to boost growth.PHOTO: MFS INVESTMENT MANAGEMENT

Central bank policy changes and the US presidential election could bring more market volatility, says Pilar Gomez-Bravo

Fund manager Pilar Gomez-Bravo thinks adopting a broadly diversified and flexible approach is still the best strategy to generate returns in the current low-yield environment.

Ms Gomez-Bravo, an investment officer at MFS Investment Management, is director of fixed income for Europe, well as a fixed-income portfolio manager with oversight of the firm's global fixed-income multi-sector and global credit-portfolio management teams.

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A version of this article appeared in the print edition of The Sunday Times on December 29, 2019, with the headline 'Too early to tell if global economy is heading for recovery in 2020'. Print Edition | Subscribe