Economic and market outlook
Gain expert perspective on the potential risks and opportunities ahead in the latest economic outlook published by our global Chief Investment Office (CIO).
Our latest reports
CIO Insights quarterly report
CIO PERSPECTIVES: Q3 2024 Update
In the second issue of our quarterly publication PERSPECTIVES, we provide an update on our economic and investment outlook for the third quarter of 2024 and beyond.
Jun 17, 2024
CIO Insights quarterly report
CIO PERSPECTIVES: Q2 2024 Update
In the first issue of our new quarterly publication, we update our forecasts for 2024 on the macroeconomic front, as well as for equities, fixed income, commodities and foreign exchange.
Mar 18, 2024
Stocks
Annual Outlook 2024 | ESG: We‘re in this together
ESG investment has gone mainstream, with performance implications. Energy transition may point the way to investing in the sustainable economy.
Jan 24, 2024
Bonds
Annual Outlook 2024 | Bonds: Real rates matter
After years of extremely low interest rates, the investment universe is now complete again thanks to the renewed attractiveness of bonds as an asset class – and is likely to remain so for the foreseeable future in our opinion.
Jan 18, 2024
Stocks
Annual Outlook 2024 | Sectors: banking on tech
U.S. growth stocks are probably still the way to go for the long term. European and Japanese financials could appeal too, as well as consumer discretionary, industrials and energy.
Jan 11, 2024
Stocks
Annual Outlook 2024 | Risks: de-risking risks
Be aware that measures to create stability may just create new risks. Rates are still on our radar.
Jan 09, 2024
Stocks
Stocks: Growth comes at a price
Robust earnings growth is expected globally in 2024. Expectations of higher rates for longer may however put a lid on valuations expansion.
Jan 03, 2024
CIO Insights quarterly report
Annual Outlook 2024 | Our long-term investment themes (LTIT)
We see these as the key global challenges: how to sustainably utilise and conserve our global resources; how to provide for the global population, and how to develop key technologies to help us all do this.
Dec 26, 2023
CIO Insights quarterly report
Annual Outlook 2024 | Economy: Investing creates potential
Expect only moderate growth in industrialised economies in 2024. The long-term challenge remains the delivery of investments to enhance economic competitiveness and fight climate change.
Dec 22, 2023
Stocks
Annual Outlook 2024 | (Geo)politics: Power play
Domestic political developments are increasingly shaping foreign policy agendas – and 2024 will be the biggest election year in history.
Dec 15, 2023
CIO Insights quarterly report
Annual outlook 2024: Finding growth
Despite the economic, geopolitical and climatic challenges the world currently faces, we think that 2024 is likely to be a decent year for investors. In our annual outlook we present our current economic and asset class forecasts for 2024, possible key issues for the coming 12 months and our long-term investment themes.
Dec 07, 2023
CIO Insights quarterly report
At a crossroads? – our Q4 2023 update
Our latest CIO Insights quarterly provides an update on our economic and investment outlook for the fourth quarter of 2023 and beyond.
Sep 27, 2023
CIO Insights quarterly report
Growth: a balancing act – our Q3 2023 update
Our latest CIO Insights quarterly provides an update on our economic and investment outlook for the third quarter of 2023 and beyond.
Jun 26, 2023
CIO Insights quarterly report
Inflation remains sticky: our Q2 2023 update
Our latest CIO Insights quarterly provides an update on our economic and investment outlook for the second quarter of 2023 and beyond.
Mar 22, 2023
CIO Insights quarterly report
Annual outlook 2023: Resilience versus recession
Our annual outlook considers how slower economic growth in 2023 will not necessarily translate into weaker financial markets and how investors might position their portfolios for the opportunities ahead.
Dec 14, 2022
