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Evening Standard
Evening Standard
Business
Jonathan Prynn

Global fund managers warn of accelerating risk of recession in key survey

Recession Donald Trump United States
Fund managers are increasingly fearful of the impact of the US-China trade war - (AFP via Getty Images)

The world’s most powerful fund managers increasingly fear a recession will be triggered by Donald Trump’s alarming new era of trade barriers.

Bank of America’s monthly Global Fund Manager Survey for April shows a net 42% of respondents now expect a recession.

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