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  1. Portfolio Insights

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Insights to build stronger portfolios

Timely commentary, strategic perspectives and in-depth analysis from our investment teams to help guide your portfolio decisions.

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  • Multi-Asset Solutions Monthly Strategy Report
  • Asset Class Views

MOST POPULAR INSIGHTS

2020 Long-Term Capital Market Assumptions

Time-tested projections to help build stronger portfolios

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Monthly Strategy Report

Highlights key developments in markets and economies, and examines the potential investment implications for multi-asset portfolios.

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Global Alternatives Outlook

A rising rate environment, combined with lingering uncertainty about trade, should lead market volatility higher. The question for investors is how to respond.

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FEATURED PORTFOLIO INSIGHTS

Global Asset Allocation Views 4Q 2024

We have growing conviction in a return to trend-like growth and an extension of the cycle. We overweight credit, which should offer equity-like returns over the next two to three quarters. In our equity overweight we favor the U.S., Japan and emerging market ex-China equity. We are neutral overall on duration.

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Factor Views 3Q20

Factor performance was choppy over Q2. Equity and event-driven factors were mixed while macro factors suffered sharp reversals. We continue to see an attractive outlook for equity value and upgraded our view for equity quality.

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Global Fixed Income Views 4Q 2023

Recession and Sub Trend Growth are now our equal-weighted base cases at 50% each. We reduced the probability of Recession by 5% and increased the likelihood of Sub Trend Growth by 10%. Our top pick: short-duration securitized credit.

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Emerging Market Debt Strategy Q3 2Q20

Our updated base case view, to which we assign a 60% probability, looks for global growth to bottom out and gradually transition to a shallow recovery. We see only a moderate risk of inflation, as activity and commodity prices remain low. In this core scenario, we expect central banks to remain accommodative, which we think will support emerging market assets.

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Global Equity Views 3Q 2024

Before the recent setback in markets, higher valuations and a narrow market in the U.S. had made our investors more cautious on the outlook. Profits remain healthy but forecasts for further gains in 2025 look aggressive.

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  • Asset Class Views