In the third quarter, emerging market (EM) earnings and earnings expectations cycles finally began to turn. Reported profits and margins rebounded off their cyclical lows and earnings estimates moved out of negative territory, diminishing a headwind that
Global markets and multi-asset portfolios
Dovish central banks, strong fundamentals and an improved outlook for China suggest that all stars are aligned for emerging markets. How long can the year-to-date rally continue?
A weekly review of global markets and multi-asset portfolios
2011 estimates and the thinking behind the numbers. Executive summary
2019 Long-Term Capital Market Assumptions Executive Summary Inforgraphic
An overview of our 2018 assumptions illustrated in an easy to read infographic.
The impact of technology on long-term potential economic growth illustrated in an easy to read infographic.
Mostly stable, mostly moderate
Expected returns and correlations of asset classes.