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Insights

Asset Allocation update – June 2025

Financial markets continue to display confidence that the trade war remains on a de-escalating path, even as the deadline for ‘trade deals’ to be agreed with the US moves into focus.

There remains no guarantee of certainty, however, given the legal challenges against the Trump Administration’s (mis)use of legislation citing a national emergency and national security concerns to justify tariffs. The legal process will stretch into late July and beyond, at best, so the shadow of tariff uncertainty will continue to loom over sentiment. However, the consensus view remains that we have seen the worst of the tariff threats and levels are likely to move towards the 10% baseline.

At a glance Equities and Fixed Income June 2025 EN
Emerging market equities June 2025 EN
Japanese equities June 2025 EN
Government bonds June 2025 EN
Investment grade June 2025 EN
Asset Allocation Matrix June 2025 EN I

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Latest articles

Improvements have been driven by banks and defence, and these may continue to perform, but as earnings growth rises in 2026 we expect performance to deepen.
US securitised assets offer diversification benefits in a marketplace that offers attractive yields for its high-quality nature. When blended into LDI portfolios there is opportunity to enhance collateral waterfall resilience while improving risk/return dynamics.
The European Central Bank is contending with increased fiscal spending and a massive shift in the Dutch pension system, leaving markets seeking clarity. Read on for a breakdown of fixed income news across sectors and regions.
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Important information:

For professional investors only (not to be used with/ passed on to any third party). For marketing purposes.

 

This document contains information by Columbia Management Investment Advisers, LLC (CMIA). CMIA is an affiliate of Columbia Threadneedle Investments.

 

CMIA is registered as an investment adviser with the U.S. Securities and Exchange Commission.

 

The materials relating to the CMIA included in this document have been approved and provided by CMIA.

 

The views expressed are as of the date given, may change as market or other conditions change and may differ from views expressed by other CMIA associates or affiliates.

 

Past Performance does not predict future returns, and no forecast should be considered a guarantee either. Your capital is at risk. Since economic and market conditions change frequently, there can be no assurance that the trends described here will continue or that any forecasts are accurate.

 

This material should not be considered as an offer, solicitation, investment/legal/tax or accounting advice or an investment recommendation. The mention of any specific shares or bonds should not be taken as a recommendation to deal.

 

This communication is valid at the date of publication and may be subject to change without notice. Information from external sources is considered reliable but there is no guarantee as to its accuracy or completeness.

 

In the Middle East: This document is distributed by Columbia Threadneedle Investments (ME) Limited, which is regulated by the Dubai Financial Services Authority (DFSA).  The information in this document is not intended as financial advice and is only intended for persons with appropriate investment knowledge who meet the regulatory criteria to be classified as a Professional Client or Market Counterparty and no other person should act upon it. This document and its contents and any other information or opinions subsequently supplied or given to you are strictly confidential and for the sole use of those attending the presentation.  It may not be reproduced in any form or passed on to any third party without the express written permission of CTIME. By accepting delivery of this presentation, you agree that it is not to be copied or reproduced in whole or in part and that you will not disclose its contents to any other person.

 

In the UK: Threadneedle Asset Management Limited, No. 573204 and/or Columbia Threadneedle Management Limited, No. 517895, both registered in England and Wales and authorised and regulated in the UK by the Financial Conduct Authority.

 

In the EEA: Threadneedle Management Luxembourg S.A., registered with the Registre de Commerce et des Sociétés (Luxembourg), No. B 110242 and/or Columbia Threadneedle Netherlands B.V., regulated by the Dutch Authority for the Financial Markets (AFM), registered No. 08068841.

 

In Switzerland: Issued by Threadneedle Portfolio Services AG, Registered address: Claridenstrasse 41, 8002 Zurich, Switzerland.

 

Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies

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In Credit Weekly Snapshot – Tired of waiting for you

The European Central Bank is contending with increased fiscal spending and a massive shift in the Dutch pension system, leaving markets seeking clarity. Read on for a breakdown of fixed income news across sectors and regions.

Important information:

For professional investors only (not to be used with/ passed on to any third party). For marketing purposes.

 

This document contains information by Columbia Management Investment Advisers, LLC (CMIA). CMIA is an affiliate of Columbia Threadneedle Investments.

 

CMIA is registered as an investment adviser with the U.S. Securities and Exchange Commission.

 

The materials relating to the CMIA included in this document have been approved and provided by CMIA.

 

The views expressed are as of the date given, may change as market or other conditions change and may differ from views expressed by other CMIA associates or affiliates.

 

Past Performance does not predict future returns, and no forecast should be considered a guarantee either. Your capital is at risk. Since economic and market conditions change frequently, there can be no assurance that the trends described here will continue or that any forecasts are accurate.

 

This material should not be considered as an offer, solicitation, investment/legal/tax or accounting advice or an investment recommendation. The mention of any specific shares or bonds should not be taken as a recommendation to deal.

 

This communication is valid at the date of publication and may be subject to change without notice. Information from external sources is considered reliable but there is no guarantee as to its accuracy or completeness.

 

In the Middle East: This document is distributed by Columbia Threadneedle Investments (ME) Limited, which is regulated by the Dubai Financial Services Authority (DFSA).  The information in this document is not intended as financial advice and is only intended for persons with appropriate investment knowledge who meet the regulatory criteria to be classified as a Professional Client or Market Counterparty and no other person should act upon it. This document and its contents and any other information or opinions subsequently supplied or given to you are strictly confidential and for the sole use of those attending the presentation.  It may not be reproduced in any form or passed on to any third party without the express written permission of CTIME. By accepting delivery of this presentation, you agree that it is not to be copied or reproduced in whole or in part and that you will not disclose its contents to any other person.

 

In the UK: Threadneedle Asset Management Limited, No. 573204 and/or Columbia Threadneedle Management Limited, No. 517895, both registered in England and Wales and authorised and regulated in the UK by the Financial Conduct Authority.

 

In the EEA: Threadneedle Management Luxembourg S.A., registered with the Registre de Commerce et des Sociétés (Luxembourg), No. B 110242 and/or Columbia Threadneedle Netherlands B.V., regulated by the Dutch Authority for the Financial Markets (AFM), registered No. 08068841.

 

In Switzerland: Issued by Threadneedle Portfolio Services AG, Registered address: Claridenstrasse 41, 8002 Zurich, Switzerland.

 

Columbia Threadneedle Investments is the global brand name of the Columbia and Threadneedle group of companies

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