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Reaching the peak

Xavier Baraton

Reaching the peak: toward better perspective

Welcome to our quarterly update. I’m pleased to share with you the findings of our latest Strategic Forum – that defines our views on the world’s economies and markets for the months to come.

In our view, the current period of stress hides a better situation over the next twelve months, with improved valuations supporting long-term investment cases. In other words, we think that it is critical to focus on how much bad news is already discounted. Indeed, it implies being very selective, both at asset class and individual stock levels.

Xavier Baraton
Global Chief Investment Officer

This publication captures the outcomes of our quarterly Global Strategic Forum that convened in October for three days of analysis and debate to formulate our forecasts and strategies for the months to come.

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 Macro Commentary – Q4 2022

In this edition

Macro Commentary – Q4 2022

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Investment expertise

Fixed income

Multi-asset

Liquidity

Alternatives

Equities

Sustainable investments

    Risk Warning

    The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. Past performance is not a reliable indicator of future performance. Any views and opinions expressed are subject to change without notice. Any forecast, projection or target where provided is indicative only and is not guaranteed in any way. We accept no liability for any failure to meet such forecast, projection or target.