This report, produced by L&G’s Asset Allocation, Economics, and Strategy teams, assesses shifting macro conditions and their implications for multi-asset positioning.
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Global growth is resilient, supported by robust US AI-driven investment, while hiring softness heightens vulnerability to shocks.
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Equity and duration views remain neutral, but credit stays significantly underweight as spreads offer limited compensation for risk.
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Opportunities arise in selective sovereigns, infrastructure trusts, and currency pairs, while valuation mean reversion now enhances expected-return modelling.
Explore the full report to examine the detailed analysis and strategic insights behind these positioning decisions.
This report, produced by L&G’s Asset Allocation, Economics, and Strategy teams, assesses shifting macro conditions and their implications for multi-asset positioning.
-
Global growth is resilient, supported by robust US AI-driven investment, while hiring softness heightens vulnerability to shocks.
-
Equity and duration views remain neutral, but credit stays significantly underweight as spreads offer limited compensation for risk.
-
Opportunities arise in selective sovereigns, infrastructure trusts, and currency pairs, while valuation mean reversion now enhances expected-return modelling.
Explore the full report to examine the detailed analysis and strategic insights behind these positioning decisions.
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