Insights • The Market
The multi-asset lens for the cycles ahead.
We distill cross-asset signals, macro catalysts, and investor flows into actionable positioning guidance.
Equities
Quality and cash-flow defensives outperform amid rotation away from high-beta growth. Look for dispersion in cyclicals tied to capex recovery.
Fixed income
Duration remains tactical with curve steepening in key markets. Investment-grade credit spreads hold tight on strong balance sheets.
Alternatives
Private credit demand persists, while infrastructure and real assets benefit from resilience themes and policy support.
Strategy notes
- Embrace barbell positioning to balance secular growth with resilient yield.
- Maintain liquidity buffers to capitalize on dislocation and secondary opportunities.
- Integrate sustainability metrics to capture regulatory tailwinds and investor demand.