Capital Markets Outlook

Finding Sea Legs in the Storm



At the start of 2022, inflation and central bank policy dominated capital markets headlines. However, Russia’s invasion of Ukraine abruptly shifted the focus and exacerbated already heightened inflationary pressures, further impacting global markets and creating new investing challenges. In these volatile and uncertain markets, it’s important to be active as you position your portfolio to participate and defend.


Investing for Efficient Income in the Time of COVID-19 and Beyond
Investing for Efficient Income in the Time of COVID-19 and Beyond

Finding income will be a much tougher task for investors in the years ahead, given the likely backdrop of low yields and diminished returns. To be successful, we believe that it’s critical to generate efficient income: maximizing the income produced per each unit of risk.

Investing for Stable Growth in the Time of COVID-19 and Beyond
Investing for Stable Growth in the Time of COVID-19 and Beyond

Finding stable growth when growth is harder to come by will be a challenge once the dislocations from the COVID-19 pandemic have healed. With the right definition of quality, and a diverse toolkit including equities and other asset classes, we believe investors will be better equipped to build a better return path.

Investing for Purpose in the Time of COVID-19 and Beyond
Investing for Purpose in the Time of COVID-19 and Beyond

For investors seeking to deploy their capital with purpose, investing in the time of COVID-19 and beyond offers opportunities, but also requires strong risk management. It takes a keen eye to incorporate purpose and other goals in portfolio design while building a better return path.

Global Macro Outlook - First Quarter 2022
Global Macro Outlook - Second Quarter 2022

A new shock to the global economy from Russia's invasion of Ukraine makes forecasting particularly difficult right now. Usually, geopolitical disruptions are quickly shrugged off, but we think the ongoing crisis will lead to lower growth and higher inflation than previously expected.

Fixed-Income Outlook 2022: Handle with Care
Fixed-Income Outlook: Look to the Horizon in Stormy Seas

Active bond investors can rise to the challenges of today's environment. Here's how

Equity Outlook: Get Ready for Another Year of Surprises
Equity Outlook: War Intensifies Inflation Test for Investors

While the conflict has created many uncertainties, the impact of persistent inflation will be the dominant influence for equity investors through 2022 and beyond.