Discover our market outlook for 2021
Our investment experts share their views on markets for 2021. Click below to access all our viewpoints.
Glimpses of light at the tunnel’s end
2020 altered the high yield universe, but fears of high levels of corporate defaults proved unjustified. The resulting landscape should be set for steady returns in 2021.
Seeking out good alpha opportunities in emerging market debt
The steady recovery of the asset class has been remarkable, while the semi-mature state of EMD markets creates good alpha opportunities across sovereigns and corporates in both hard and local currencies.
Video: 2021 investment outlook
Mark King, Head of Content for EMEA, is joined by a panel of our leading investors to talk about the outlook for economies and markets, as well as the themes, trends and events they expect to see in 2021. Featuring: William Davies, Chief Investment Officer EMEA and Global Head of Equities; Neil Robson, Head of Global Equities; Maya Bhandari, Multi-Asset Portfolio Manager; and Alasdair Ross, Head of Investment Grade credit.
Fixed income: security selection a key driver of outperformance
How the Fed’s aggressive response to coronavirus has driven yields on safe-haven debt to near zero, leaving ‘low-risk’ portfolios increasingly susceptible to interest rate-driven price volatility, and what investors might consider doing to their portfolios.
Global IG – don’t underestimate changed behaviours
How the investment grade market fared during a tumultuous 2020, changed behaviours that could be here to stay, and why we’re quite positive about the year ahead
Covid-19 vaccines, lockdowns and equities
With the Covid-19 case count rising rapidly across the United States and Europe, the immediate economic outlook associated with renewed lockdowns is turning darker.
2020 US election: staying patient as the vote unfolds
There is an established process for concluding the US election, but markets may be volatile along the way
Is it high noon for UK universities?
A number of establishments are thought to be struggling financially, throwing doubt across the future of the whole sector, but we still retain a preference for high quality, research-intensive institutions.
Airports versus toll roads – a novel reversal
While the Covid-19 pandemic continues to affect airports and air passengers, the impact is being felt to a lesser extent on roads.
