Steven Wieting

Our long-term estimates of equities, fixed income, and other asset class returns play a central role in the long-term investment plans we create for each client. We recently updated these key figures.

With a global economic rebound in store, we see Latin American GDP rising around 2% in 2024. Against this backdrop, we see selective regional opportunities in local currency rates, foreign currency debt and equity markets.

While UK equities have historically been more impacted by global market moves, a post-election shift in fiscal policy may influence gilts and the British pound.

Geopolitics is once again unsettling investors amid attacks on a vital maritime trade route. But history shows that these episodes seldom have enduring effects on markets, so we reiterate our positive investment case.