In its June 2025 Multi-Asset CIO View, DWS outlines how recent macro signals and geopolitical shifts are shaping portfolio allocations and risk assessments.
-
U.S. equities remain vulnerable to elevated valuations and tariff-related risks, prompting continued underweight and a tilt toward healthcare and minimum volatility strategies.
-
The firm maintains a neutral duration stance, preferring long-end steepeners and expressing caution on U.S. Treasuries due to external financing concerns.
-
EUR investment-grade credit is favored over sovereigns and USD IG, supported by resilient fundamentals and a more attractive risk-return profile.
For insights on how DWS tactically adjusts in a shifting global regime, consult the full portfolio perspective.
Pour lire cet article, vous avez besoin d'un abonnement à Investment Officer. Si vous n'avez pas encore d'abonnement, cliquez sur 'Abonner' pour connaître les différentes formules d'abonnement.
