Author Bios
Andrew Pease
Andrew Pease is the global head of investment strategy for Russell Investments. He is responsible for the cycle, value and sentiment asset allocation framework that guides the tactical positioning of Russell Investments actively managed funds. Andrew oversees Russell Investments global team of investment strategists in Seattle, London, New York and Sydney. He is based in London and joined Russell in early 2006.
Andrew has extensive financial industry experience as an economist, investment strategist, fund manager and central banker. Prior to his current role, Andrew was Russell Investments Chief Investment Strategist for the Asia-Pacific region.
Andrew previously worked for the funds management division of Macquarie Bank, as the Chief Economist for JPMorgan in Australia and as the Australian head of research at Nomura Securities.
Andrew began his career as an economist at the Reserve Bank of Australia, where he gained significant experience in monetary policy formulation.
The UK Chancellor, Rishi Sunak, announced his 2021 UK Budget with two significant goals: To provide support for households and businesses through the final stage of the coronavirus pandemic and to provide a roadmap for how the government plans to reduce the fiscal deficit over time and pay for pandemic support measures.
We believe that vaccine prospects are likely to make 2021 a year of global economic recovery. While markets have priced in a fair amount of the good news, more gains seem possible as corporate profits rebound and central banks remain on hold.
