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Asset Class Strategies

Macroeconomic Views

Each year, we engage in deep dialog with some of the world’s clearest thinkers about the global economy and synthesise those views into probability weighted scenarios and investment actions.

In this section

Economic Growth

Emerging Markets

Market Commentary

Report

An aerial view reveals a circular turquoise lake amidst snowy terrain, resembling an eye, offering insights into 2025's important environmental trends.

Insights 2025

The 2025 investment landscape is characterised by rising disruption and uncertainty. The evolving policy mix combines growth-supportive measures such as…

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Inflections

Summary Views

Kamran Moghadam live on CNBC Squawk Box Europe - 30 May 2024

Watch Kamran Moghadam, Partner and Head of Tactical Asset Allocation, on CNBC’s Squawk Box Europe discussing inflation and AI.

Partners Capital Insights 2024 Executive Summary

Stay the course in a global economy that bends but does not break. We expect continued elevated volatility from rising political and geopolitical risks with roughly 50% of the world’s population voting in 2024 and multiple high-risk geopolitical conflicts including Ukraine and the Middle East with potentially another brewing in Taiwan. The economic resilience of

Partners Capital Insights 2023 Executive Summary

A New Paradigm calls for a Return to Fundamentals The coming decade will feature a paradigm shift to a more volatile inflation backdrop. This presents challenges for policymakers as they will struggle to thread the needle between managing inflation while delivering stable growth. Policy errors from both monetary and fiscal authorities will result in more

Partners Capital Insights 2022 Executive Summary

Partners Capital Insights 2021 Executive Summary

Economic Growth

Insights 2023 View on Economic Growth

Insights 2022 View on Economic Growth

Insights 2021 View on Economic Growth

Recession Playbook

Our Recession Playbook is our strategy for managing your portfolio through the coming few years in the face of a potential global recession. Given that almost all past bear markets have coincided with global recessions, we make little distinction between a strategy for investing through recessions or protracted market downturns. We see them as one

Inflation

Insights 2023 View on Inflation

Insights 2022 View on Inflation

Insights 2021 View on Inflation

Interest Rates

Insights 2022 View on Interest Rates

Insights 2021 View on Interest Rates

Asia

Insights 2023 View on China

Asia: The Multi-Asset Class Opportunity Set

Arjun Raghavan, CEO and Adam Watson, Co-Head of Asia Pacific, sat down with Simon Brewer, The Money Maze Podcast and Harvey Toor Chief Investment Officer at Singapore Management University to discuss the opportunities Asia presents for global investors and how we seek to access these in a multi-asset class approach.

Asia as a source of diversification for global investors

Diversification was hard to come by for global investors last year. Rising U.S. interest rates sank almost all boats in a coordinated sell-off across capital markets: U.S. equities were down 18.1%, U.S. investment-grade bonds were down 15.6%, nominal Treasuries were down 12.5% and inflation-linked Treasuries were down 11.8%. European assets followed a similar path, with

Money Maze Podcast - Asia: The Multi-Asset Class Opportunity Set

Arjun Raghavan, CEO of Partners Capital, Adam Watson, Partner and Co-Head of Asia Pacific, and Harvey Toor, CIO of Singapore Management University (SMU) are featured on The Money Maze Podcast with Simon Brewer. The conversation explores the investment opportunity set presented by Asia and the importance of a multi-asset class approach to capture it. Topics

Insights 2022 View on China

Insights 2021 View on China

Equity Markets

Emerging Markets

Insights 2023 View on Emerging Markets

View on Emerging Market Asset Allocation 2019

Emerging Markets Public Equities Allocation Rationale

Insights 2014 View on Emerging Markets

Market Commentary

Navigating the Investment Portion of STARS v3.0 – The Sustainability Tracking, Assessment & Rating System

This whitepaper was written for educational institutions who already participate in or are interested in exploring the higher education sustainable rating system STARS (The Sustainability Tracking, Assessment & Rating System). AASHE, the Association for the Advancement of Sustainability in Higher Education, created STARS in 2007 in response to calls for a consistent sustainability rating system.

National Association of College and University Business Officers (NACUBO)

This whitepaper was written for educational institutions and other organizations that benchmark themselves against university education-based peers to better understand the drivers of performance over the short- and long-term using the National Association of College and University Business Officers (NACUBO) and Commonfund FY2023 Study of Endowments as a data set. This topic can be useful

Covid Pandemic

Covid Client Communications 2020-2022: A Crisis Management Case Study

Insights 2022 View on COVID-19

Insights 2021 View on COVID-19

Longer-term structural changes to expect from the COVID-19 pandemic

What is the near-term outlook for COVID-19

Outlook for Europe following the pandemic and Brexit