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Slow growth expected to continue next year: Schroders

WORTH CONSIDERING: Energy is looking interesting, given capital expenditure cuts by oil majors and rising demand as the US economy recovers, says Schroders.


THE world will continue to grow slowly in 2016, said Schroders chief economist Keith Wade, who is calling for a 2.5 per cent global gross domestic product (GDP) growth in 2016, downgraded from 2.9 per cent earlier.

The lower forecast is driven in part by slower US growth due...