Elevated geopolitical risks, deglobalization, and changing market structures mean investors should be prepared for higher volatility; but agility can be a source of opportunity amid dislocation.
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2023 Global Market Outlook
The Need for Agility
2023 Australia Market Outlook
Navigating an expected downturn in earnings.
2023 China Market Outlook
We expect China's recovery to pick up next year. We believe investors should consider adding exposure to a well-balanced portfolio of Chinese stocks for 2023.
2023 Japan Market Outlook
The sustainability of Japan’s accommodative policy stance remains a key focus, but several factors suggest an encouraging near-term outlook for the country.
Four Themes to Watch in 2023
THEME 1
An Economic Balancing Act
The risk of a global recession in 2023 appears elevated, as developed market central banks hike aggressively into slowing economic growth. However, markets may be overestimating the risk of a deep downturn. Read more...
THEME 2
Leaning Against the Wind
Earnings growth estimates for 2023 have started to fall but are still positive, suggesting negative earnings growth could be the next big issue for equity investors. Read more...
THEME 2
The Return of Yield
Rising rates have pushed yields in select global fixed income sectors to the most attractive levels in decades, which could offer strong return potential in 2023. Read more...
THEME 2
Deglobalisation of a Connected World
We are seeing a paradigm shift in the global economy that will shape the investment landscape for years to come. Read more...
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