2023 Investment Outlook
The views expressed are those of the authors at the time of writing. Other teams may hold different views and make different investment decisions. The value of your investment may become worth more or less than at the time of original investment. While any third-party data used is considered reliable, its accuracy is not guaranteed. For professional, institutional, or accredited investors only.
As you consider your investment strategy for 2023, our Outlook collection provides you with unique perspectives across the macro environment and all major capital markets, drawing on our global marketplace of ideas more than 800 investors strong.
2023 Global Economic Outlook
With growing evidence that we are living through a reshaping of the existing world’s economic and political order, we asked our experts to share their global economic outlook on the developments that they think will transform the macroeconomic and geopolitical landscape in 2023 and beyond. These insights distil the main implications for investors across key areas ranging from structural changes in monetary policy to the critical role of commodities.
2023 Investment Strategy Outlook
Periods of economic and market change like the current one don’t come around often. To help think through the asset allocation outlook and implications, we offer views from iStrat, our investment strategy and solutions group. They share views on the central bank fight against inflation and its effects on different asset classes; strategies for mitigating downside risk and adapting to more frequent shifts in the economic cycle; and factor-based insights for volatile, sometimes directionless markets.
2023 Equity Outlook
In a complex macro-driven world, it takes a variety of investment lenses to navigate equity markets. Here, we offer a range of fundamental, factor, and sector insights as we look to 2023. These outlooks explore the structural trends driving long-term growth, the need for defensive and diversifying equity strategies, and the opportunities presented by rising dispersion in key growth areas. A common thread across our 2023 Equity Outlook is the critical role that active management can play in such volatile times.
2023 Bond Market Outlook
Our 2023 Bond Market Outlook content suite is now available — providing timely, actionable investment insights from several of our fixed income portfolio managers and strategists. Topics covered include the macroeconomic and interest-rate backdrop for fixed income, along with a broad credit market outlook and sector-specific articles on high-yield bonds and emerging-markets debt.
2023 Alternative Investment Outlook
Headwinds for traditional assets may be tailwinds for liquid alternative and private investment strategies. That’s a common thread running through our 2023 alternative investment outlook. Members of our iStrat Team consider the role that macro, long/short equity, and relative-value strategies, among others, can play amid higher volatility, inflation, and interest rates. And members of our private investment teams address the attractive valuation environment for private equities and the downside-mitigation potential of private credit. Finally, our ESG for Private Investments Team highlights topics that should be top of mind for private companies, including climate change, data privacy, and shareholder rights.
2023 ESG & Sustainability Outlook
In the coming year, our ESG Research and Sustainable Investment teams will continue the pursuit of market-beating returns, active engagement, and differentiated research. Areas of focus — and key engagement topics — include climate change, biodiversity, modern slavery, data privacy, and shareholder rights, among others. Our 2023 sustainability outlook details these subjects and provides a brief update on our impact investing platform.
