Market GPS
Portfolio manager outlooks 2026
Investment team insights to help you navigate the risks and opportunities ahead. Explore asset class overviews and more focused outlooks from our portfolio manager experts.
Equities
Featured Outlook
Positioning portfolios for a transformative era
In their 2026 outlook, Lucas Klein and Marc Pinto discuss how AI and structural reforms, especially in Europe, present opportunities for selective investors.
Will strong earnings growth and policy credibility drive Japanese stocks higher in 2026?
Reasons why Japanese stocks ae positioned for another year of attractive returns in 2026.
Riding the AI wave: How can tech investors harness change and volatility?
Selectivity and valuation discipline are key to investing in tech stocks as as AI continues to drive economic transformation in 2026 and beyond.
Capitalizing on volatility in sustainable equities – a strategic approach to uncertainty
Portfolio Manager Aaron Scully explores three key macro themes: AI adoption, stimulus driving economic momentum, and rising risks in private credit.
Fixed Income
Featured Outlook
Building resilience in 2026
Alex Veroude explains why the credit cycle in fixed income still has further to run in 2026 but why investors should build some resilience into their portfolios.
High yield bonds outlook: Increasing selectivity in 2026
Modest economic growth should support high yield bonds but rich valuations demand selectivity.
Capturing safety and stability through CLOs amid uncertainty
European CLOs offer resilience and opportunity in 2026, driven by strong demand and supportive regulation – helping investors balance yield and stability.
Short-duration fixed income: Sizing up risks across global bond curves
Daniel Siluk and Addison Maier argue that already elevated inflation coupled with fiscal stimulus should compel bond investors to assess risks along all points of the yield curve.
Featured Insights
There is no guarantee that past trends will continue, or forecasts will be realised.