Global Asset Allocation Views

Global growth is above trend, but changes to U.S. trade policy and the impact of higher U.S. rates have increased risks to our outlook. We overweight stocks, but trim our positioning, upgrade duration to a small overweight and remain neutral on credit.

Global Fixed Income Views

Themes and implications from the Global Fixed Income, Currency & Commodities Investment Quarterly meeting.

Global Equity Views

We are a little more cautious amid rising U.S. rates and economic and profits cycles that are long by historical standards. We find opportunity in out-of-favor areas including emerging markets and Europe, and many financial stocks look attractive.

Factor Views

Themes from the quarterly Quantitative Beta Research Summit

Emerging Market Strategy

Fundamentals of emerging markets remain strong, while risks to the asset class are primarily external, not internal, and trade skirmishes amid a rebalancing and slowing Chinese economy.

Emerging Market Debt Strategy

We see the market’s steadier fundamentals (tide) coming into conflict with outflows (wind), which has raised volatility in the period.

Market Insights

Retirement Insights

Global Alternatives Outlook