Investment Strategy Update
Gain a forward-looking perspective on global markets with our monthly asset allocation. Combining expert analysis and in-depth projections, these insights are designed to guide your investment strategy, helping you anticipate shifts, identify opportunities, and navigate challenges across different market cycles.
Tactical Asset Allocation March
Expansion broadens; Asymmetries building. The global expansion remains intact and increasingly broad-based. Growth momentum is firm across regions, earnings are extending beyond narrow leadership, and financial conditions remain supportive. Disinflation continues, although upside inflation asymmetries are gradually building in a stronger growth environment.
Tactical Asset Allocation February
Our AA stance remains moderately constructive, consistent with a policy-supported expansion and broadening earnings backdrop. The macro environment continues to favor carry and selective risk-taking, and we take a slightly more active step into risk.