Outlook 2020
Opportunities despite soft investment outlook
05 February 2020
Activity in the asset finance sector in the New Year is expected to play out much the same way as it did in 2019, with areas of stronger capital investment including technology and telecommunications, government procurement and transportation.
However, the overall outlook for capital investment remains subdued, on the back of soft economic growth and heightened concern about geopolitical risks. Both of these factors are expected to continue throughout 2020.
Despite the somewhat subdued outlook, there is expected to be continued growth in investment in both technology and telecommunications including infrastructure, networks and related equipment.
Also expect continued growth in government procurement across a host of assets and services ranging from public transportation, including ferries and buses, emergency services assets to defence procurement.
Outlook 2020
The New Year is upon us. The year 2020 looms as a landmark one for the global economy as trade, technological and environmental factors drive change at a scale rarely seen.
At ANZ Institutional, we aim to help our customers put themselves in the best possible position to take advantage of these forces. Our subject-matter experts have the insight to offer market-leading thought leadership in a range of complex areas from across more than 30 global markets.
We asked our experts about the key factors they see shaping markets and industry in 2020 – and the opportunities and challenges within. We’ll be sharing the responses with you over the coming weeks.
The other area worth watching is transportation, which continues to see stronger investment across a range of assets including industrial transportation vehicles, marine vessels and passenger aircraft.
Overall, while the outlook is relatively subdued there are areas of stronger investment which will continue to provide growth opportunities in 2020.
Mark Aldous is Head of Structured Asset Finance at ANZ
This publication is published by Australia and New Zealand Banking Group Limited ABN 11 005 357 522 (“ANZBGL”) in Australia. This publication is intended as thought-leadership material. It is not published with the intention of providing any direct or indirect recommendations relating to any financial product, asset class or trading strategy. The information in this publication is not intended to influence any person to make a decision in relation to a financial product or class of financial products. It is general in nature and does not take account of the circumstances of any individual or class of individuals. Nothing in this publication constitutes a recommendation, solicitation or offer by ANZBGL or its branches or subsidiaries (collectively “ANZ”) to you to acquire a product or service, or an offer by ANZ to provide you with other products or services. All information contained in this publication is based on information available at the time of publication. While this publication has been prepared in good faith, no representation, warranty, assurance or undertaking is or will be made, and no responsibility or liability is or will be accepted by ANZ in relation to the accuracy or completeness of this publication or the use of information contained in this publication. ANZ does not provide any financial, investment, legal or taxation advice in connection with this publication.