June 27, 2024

Asset Allocation Insights - June 2024

Quarterly report

“Higher for longer” and non-US markets playing catch-up are major themes

Macro dispersion and high valuation in some assets call for selectivity. Policy uncertainty and geopolitical risks could lead to volatility.

Key highlights:

  • Policy rate dispersion and slowing growth remain key macro themes
  • Higher for longer remain likely  ̶  a throwback to 1990s Goldilocks era?
  • Global equity rally broadens, and opportunities widen to non-US markets
  • Fixed income positioning
  • Higher uncertainty and realised volatility could continue
  • Income investing gains attention
  • Commodities, Infrastructure and Emerging markets show potential

Published quarterly, this report covers:

  • Key macroeconomic influences and their implications for financial markets
  • Core drivers across asset classes – and what they are indicating
  • Cross-asset analysis – expectations, risk premiums, return and risk, correlations and more · Implications for asset allocation and portfolio construction
  • Market analysis provided exclusively via our indices, and LSEG and Lipper flows data – enabling apples-to-apples comparisons across asset classes and global markets

To support your investment decision-making, we produce specialist content that provides analysis and insights on a range of investment topics. Go to our hub for valuable Market Insights.

Related reports

Subscribe to Market Maps reports

Get timely market analysis and commentary on what’s been happening across asset classes, regions, industries and styles.  You’ll receive your report(s) by email as soon as they are published.