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Research Analysts James Barty >> Investment Strategist MLI (UK) +44 20 7996 3291 james.barty@baml.com Ronan Carr, CFA >> European Equity Strategist MLI (UK) +44 20 7996 3292 ronan.carr@baml.com Tommy Ricketts >> European Equity Strategist ML +44 20 7996 3294 tommy.ricketts@baml.com Barnaby Martin Credit Strategist MLI (UK) +44 20 7995 0458 barnaby.martin@baml.com loannis Angelakis Credit Derivatives Strategist MLI (UK) +44 20 7996 0059 ioannis.angelakis@baml.com Hans Mikkelsen Credit Strategist MLPF&S +1 646 855 6468 hans.mikkelsen@baml.com Abhinandan Deb >> Equity-Linked Analyst MLI (UK) +44 20 7995 7148 abhinandan.deb@baml.com Nitin Saksena Equity-Linked Analyst MLPF&S +1 646 855 5480 nitin.saksena@baml.com Benjamin Bowler Equity-Linked Analyst MLPF&S +1 415 676 3595 benjamin.bowler@baml.com lan Gordon FX Strategist MLPF&S +1 646 855 8749 ian.gordon@baml.com Kamal Sharma FX Strategist MLI (UK) +44 20 7996 4855 ksharma32@baml.com Claudio Piron Emerging Asia FI/FX Strategist Merrill Lynch (Singapore) +65 6591 0401 claudio.piron@baml.com David Hauner, CFA EEMEA Cross Asset Strategist MLI (UK) +44 20 7996 1241 david.hauner@baml.com Shyam S.Rajan Rates Strategist MLPF&S +1 646 855 9808 shyam.rajan@baml.com Mark Capleton Rates Strategist MLI (UK) +44 20 7995 6118 mark.capleton@baml.com Ajay Singh Kapur, CFA >> Equity Strategist Merrill Lynch (Hong Kong) +852 3508 7753 ajay.s.kapur@baml.com Shusuke Yamada, CFA >> FX/Equity Strategist Merrill Lynch (Japan) +81 3 6225 8515 shusuke.yamada@baml.com >> Employed by a non-US affiliate of MLPF&S and is not registered/qualified as a research analyst under the FINRA rules. Refer to “Other Important Disclosures" for information on certain BofA Merrill Lynch entities that take responsibility for this report in particular jurisdictions. This document is intended for BofA Merrill Lynch institutional investors only. It may not be distributed to BofA Merrill Lynch Financial Advisors, retail clients or retail prospects. 28 Global Cross Asset Strategy - Year Ahead | 30 November 2016 BankofAmerica <2” Merrill Lynch HOUSE_OVERSIGHT_014459