The main drivers of markets in 2012 are likely to be similar to past year’s themes — uncertainty over the fate of the Euro, and the related question of whether or not there will be a global recession, said Alex Brown, group CIO of Schroders.

One key difference in 2012: those pending questions seem much more likely to be answered, one way or another, Brown said at a conference in Schroders’ offices in New York. A favorable outcome — which would mean the Eurozone crisis would fade from the news, with evidence of at least some continued growth in the developed world — could set equity markets up for a strong rally, he said.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.