Market GPS
Manager
outlooks 2025
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
A more dynamic playing field for equity investors
Heads of Equities Marc Pinto and Lucas Klein outline why a market broadening that started in 2024 could continue into the year ahead, creating opportunities for active investors.
Fixed Income
Featured Outlook
Stargazing in 2025: Bond market opportunities
As shifting politics collide with economic realities, what might this mean for fixed income? Jim Cielinski, Head of Global Fixed Income, focuses the telescope on prospects for the new year.
Multi-Asset & Alternatives
Featured Outlook
Widening the aperture in a late-cycle economy
Adam Hetts, Global Head of Multi-Asset, balances the opportunities presented by the extension of the economic cycle and the risks posed by policy uncertainty and elevated valuations.
Quick View: Investors brace for an emboldened Lula 4.0
The path to Lula’s surprise victory in Brazil’s presidential election was paved with economic promises that, if instituted, stand to worsen an already challenging fiscal backdrop.
CLO resilience in a changing interest-rate environment
Seth Meyer and John Kerschner explore how floating-rate CLOs can complement fixed income, enhance diversification and navigate uncertain interest-rate conditions.
How does the AI capex cycle pay for itself?
Making sense of the gargantuan AI investment cycle requires identifying the revenues needed to generate sufficient returns.
Featured Insights
Panel discussion
Our experts from across asset classes discuss their views on the route ahead and how to position accordingly.
Thursday, December 5th at 2pm GMT
Speakers: Matthew Bullock, Kareena Moledina, Luke Newman and Richard Clode
There is no guarantee that past trends will continue, or forecasts will be realised.