Skip to main content
logo
  • Funds
    Overview

    Fund Listing

    • Mutual Funds
    • ETFs
    • How to Invest

    Capabilities

    • Alternatives
    • Equities
    • Fixed Income
    • ETF Investing

    In Focus

    • Investing for Income
    • Investing for Fixed Income
    • Investing for Growth
    • Investing for Sustainability
    • Investing for Alternatives
    • Global Macro Sustainable Fund
    • Global Macro Opportunities Fund
  • Insights
    Overview

    Market Insights

    • Guide to the Markets
    • Guide to Alternatives
    • Weekly Market Recap
    • On the Minds of Investors
    • Guide to China
    • Market Insights Overview

    Portfolio Insights

    • Long-Term Capital Market Assumptions
    • Global Asset Allocation Views
    • Global Equity Views
    • Global Fixed Income Views
    • Portfolio Insights Overview
    • Sustainable investing
  • Investment Ideas
    Overview
    • Managing Volatility
    • Alternatives
    • Sustainable investing
  • Resources
    Overview
    • Multimedia
    • Announcements
    • Insights App
  • About Us
    Overview
    • Corporate and Social Responsibility
    • Diversity, Equity and Inclusion
  • Contact Us
  • Role
  • Country
Search
Menu
Search
You are about to leave the site Close
J.P. Morgan Asset Management’s website and/or mobile terms, privacy and security policies don't apply to the site or app you're about to visit. Please review its terms, privacy and security policies to see how they apply to you. J.P. Morgan Asset Management isn’t responsible for (and doesn't provide) any products, services or content at this third-party site or app, except for products and services that explicitly carry the J.P. Morgan Asset Management name.
CONTINUE Go Back
  1. Seeing the forest and the trees

  • LinkedIn Twitter Facebook

Foreword

Seeing the forest and the trees

12/01/2022

Anton Pil, Global Head of Alternatives

To help our clients better see the forest and the trees, we’ve asked the CEOs, CIOs and strategists from J.P. Morgan’s USD 200+ billion alternatives platform to provide their 12- to 18-month perspective on the trends influencing markets, as well as their most promising investment ideas and their thoughts on the underappreciated risks investors may face.

It’s all a matter of perspective. As we enter 2022, there is a real risk of missing the forest for the trees. Up close, the “trees” in the 2022 outlook are clear. Consumers will keep spending. So, too, will governments, mostly with money they don’t have. Central banks will taper bond purchases, even if there are no buyers to replace them. Interest rates will rise. Transitory inflation will prove to be anything but. The equity market’s volatility will likely be surpassed only by Bitcoin’s. COVID-19 looks set to continue roiling our lives and markets. All this we know.

But take a step back and the “forest” emerges, filled with both dangers and wonders. In the forest, you’ll encounter perils to investment success – stretched valuations in traditional markets, limited correlation benefits between fixed income and equities, and persistently low bond yields – but also marvels, such as the megatrends of environmental, social and governance (ESG) considerations and technological adoption.

To help our clients better see the forest and the trees, for our fourth annual Global Alternatives Outlook we’ve asked the CEOs, CIOs and strategists from J.P. Morgan’s USD 200 billion-plus alternatives platform to provide their 12- to 18-month perspective on the trends influencing their respective markets, as well as their most promising investment ideas and their thoughts on the underappreciated risks investors may face.

Forests are diverse environments. In the Outlook’s asset class chapters, you’ll find not one house view but, rather, varied thinking from our 700-plus alternatives team members and 18 investment engines across private credit, private equity, hedge funds, real estate and real assets. We strongly believe that diverse views and vigorous debate, informed by data from thousands of individual investments, make us better stewards of our clients’ capital.

We know diversity produces superior results. And we acknowledge that much work needs to be done to ensure all the voices of our communities are better represented in our industry and our firm, particularly those of racial minorities. Still, we’ve made real progress toward our goal of becoming the most diverse alternatives investment manager. Today, nearly 55% of J.P. Morgan’s alternatives assets under management are managed by female portfolio managers or women-led teams.

We’re also proud to be at the forefront of incorporating ESG factors into our investing process to help deliver long-term investment success. ESG analysis is thoroughly integrated into all of our alternatives strategies. Recently, we became a signatory of the Net Zero Asset Managers initiative. What’s more, as the second-largest global forestry investment manager, our (real rather than metaphoric) forests sequester more than one million tons of carbon annually and are home to more than 300 protected species of plants and animals.

As we head into the wilds of 2022, we wish you safe passage and hope you find this Outlook helpful in your journey. Please let us know if we can be of help in implementing any ideas presented or if you need additional information from any of our contributors.

On behalf of J.P. Morgan Asset Management, thank you for your continued trust and confidence.

OVERVIEWS AND OUTLOOKS BY ASSET CLASS

Macroeconomic

Growth with a side of inflation

Learn more
Private equity

Opportunities in a competitive market

Learn more
Asset allocation

Embracing a hybrid environment

Learn more
Private credit

Creative disruption and market growth continues

Learn more
Real assets

Investments that center sustainability

Learn more
Hedge funds

Volatility rising, opportunities emerge

Learn more
Real estate

Reshaping the Investment landscape

Learn more
  • Markets
  • Alternatives
  • Portfolio Construction
JPMorgan Asset Management

  • Terms & Conditions
  • Financial Services Guide
  • Privacy Policy
  • Cookie Policy
  • Investment Stewardship
  • Voting Policy
  • Unit Pricing Policy
  • Complaint Resolution
  • Sitemap
J.P. Morgan

  • J.P. Morgan
  • JPMorgan Chase
  • Chase

Please note:  Following recent amendments to the Corporations Act, where unitholders have provided us with your email address, we will now send notices of meetings, other meeting-related documents and annual financial reports electronically unless the unitholder elects to receive these in physical form and notify us of this election. Unitholders have the right to elect whether to receive some or all of such Communications in electronic or physical form, the right to elect not to receive annual financial reports at all and the right to elect to receive a single specified Communication on an ad hoc basis, in an electronic or physical form.


 

All investments contain risk and may lose value. This advertisement has been prepared and issued by JPMorgan Asset Management (Australia) Limited (ABN 55 143 832 080) (AFSL No. 376919) being the investment manager of the fund. It is for general information only, without taking into account your objectives, financial situation or needs and does not constitute personal financial advice. Before making any decision, it is important for investors to consider the appropriateness of the information and seek appropriate legal, tax, and other professional advice. For more detailed information relating to the risks of the Fund, the type of customer (target market) it has been designed for and any distribution conditions please refer to the relevant Product Disclosure Statement and Target Market Determination which have been issued by Perpetual Trust Services Limited, ABN 48 000 142 049, AFSL 236648, as the responsible entity of the fund available on https://am.jpmorgan.com/au.