Global Outlooks 2023

It has been a dismal 2022 with swathes of bad news, be it war in Europe, other geopolitical difficulties, a high and persistent inflationary environment, and assorted economic and ongoing pandemic-related struggles. And markets repriced for this. But what about the coming 12 months?

Read and watch our thoughts from an equites and fixed income point of view, see what our Global Chief Investment Officer thinks will play out and where there may be opportunity, and how we think responsible investing will fare going forward.

William Davies, Global CIO, gives his thoughts on navigating 2023, the role heightened volatility will play, and what the likelihood of recession will mean for portfolios.

Gene Tannuzzo, Global Head of Fixed Income, talks about how with yields higher there really is income to be earned in 2023, his optimism around the bond market, and why he thinks there are opportunities in Europe.

Alasdair Ross, Head of Investment Grade Credit EMEA, on the drivers of returns in IG, and why spreads point to interesting opportunities.

Melda Mergen, Global Head of Equities, on why 2023 could be an inflection point, and where we’re looking for opportunities.

15 2月 2024

Alternatives

Real Estate

Joanna Tano

Head of Research, Europe, Real Estate (EMEA)

2024 Global Real Estate Outlook

What's in store for real estate in 2024? Global megatrends and financial conditions will impact returns and sector allocation.

Read time - 4 min

24 1月 2024

Multi-Asset

William F. “Ted” Truscott

Chief Executive Officer

For asset managers, a market share fight

Inflation has come down and things have turned out a lot better – economically – than many predicted at the beginning of 2023. Our CEO gives his thoughts on what’s in store for markets and asset managers in 2024.

Read time - 4 min

19 1月 2024

Multi-Asset

Steven Bell

Chief Economist, EMEA

Opening Bell – an excess of pessimism about the economy, though not in markets

Are forecasters predicting a slowdown in 2024 being too pessimistic?

Read time - 4 min

14 12月 2023

Alternatives

Stewart Bennett

Global Head of Alternatives

The coming year could be an inflection point

2024 could be a challenging period, but could be a good time to invest in Alternatives.

Read time - 4 min

1 12月 2023

Responsible investment

Responsible Investment

Claudia Wearmouth

Global Head of Responsible investment

Greater clarity and a focus on financial outcomes

What’s in store for responsible investing from here? We explain why environmental, social and governance factors matter, highlight the importance of meeting defined client needs and discuss our active ownership efforts in 2024.

Read time - 4 min

23 11月 2023

Equity

Melda Mergen

Global Head of Equity

With macro risks elevated it’s all about stock selection

There are plenty of macro drivers that will create equity volatility in 2024. To succeed, investors will need to maintain a resilient portfolio.

Reading time - 4 min

23 11月 2023

Fixed income

Fixed Income

Gene Tannuzzo

Global Head of Fixed Income

The peak in rate hikes is an inflection point for bonds

You don’t have to be bearish on the economy to be optimistic on the bond market. Here’s why.

Read time - 4 min

22 12月 2022

Alternatives

Outlook

Real Estate: Preserving Value

There was a definite air of positivity in European real estate markets in January and February 2022.

Read time - 4 min

14 12月 2022

Equity

Outlook

Melda Mergen

Global Head of Equity

Focus on quality for success in equities

Investors should not expect everything to go ‘back to normal’ in 2023, says Melda Mergen. Higher inflation and a weaker economic environment will mean not all companies will thrive.

Read time - 4 min

12 12月 2022

Responsible investment

Outlook

Claudia Wearmouth

Global Head of Responsible investment

Themes for thought: responsible investment in 2023 and beyond

Many responsible investment funds struggled in 2022 due to low exposure to gas and oil and a quality bias, but says Claudia Wearmouth, the investment case remains intact and responsible investing is now mainstream investing.

Read time - 4 min