In our 2021 investment outlook, we seek to help investors navigate the next phases for markets and the economy. We discuss our expectations for growth, inflation and central bank policy and the outlook for the main asset classes. We also present selected investment opportunities for the future.
- Takeaways from our investment outlook: Legacy of the lockdowns
- Outlook 2021 – Future investment opportunities: green hydrogen
- Multi-sector fixed income – The outlook for US and eurozone debt in 2021
- Currency outlook: The trend is not your friend
Any views expressed here are those of the author as of the date of publication, are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may take different investment decisions for different clients. This document does not constitute investment advice.
The value of investments and the income they generate may go down as well as up and it is possible that investors will not recover their initial outlay. Past performance is no guarantee for future returns.
Investing in emerging markets, or specialised or restricted sectors is likely to be subject to a higher-than-average volatility due to a high degree of concentration, greater uncertainty because less information is available, there is less liquidity or due to greater sensitivity to changes in market conditions (social, political and economic conditions).
Some emerging markets offer less security than the majority of international developed markets. For this reason, services for portfolio transactions, liquidation and conservation on behalf of funds invested in emerging markets may carry greater risk.