Market Insights, Market Outlook, Medium-Term Global Outlook
We have been publishing a Medium-term Global Outlook since 2019. In each year, the team and I have deliberately aimed to look beyond the next 12 months, and instead focus on adding value to our clients and partners through the medium-term. This means we spend less...
Market Insights, Market Outlook, Medium-Term Global Outlook
We recommended in 2020 that investors should prepare for a shock, review the resilience of their portfolios, and position to reduce surprises. Investors who did so experienced strong risk-adjusted returns over the year. We think 2021 represents the start of a new...
Market Insights, Market Outlook, Medium-Term Global Outlook
The global economy slowed in 2019. Geopolitical risk was elevated. Economic uncertainty fed through to weakening business and consumer sentiment. The economic outlook is uncertain, as always. We think risks are skewed to the downside. Elevated geopolitical risks, a...
Market Insights, Market Outlook, Medium-Term Global Outlook
2018 was a solid year for the major advanced economies, particularly the US. But asset markets struggled with negative returns across most risky assets. Our focus on the medium-term over the short term means that we spend less time on trying to forecast near-term...