Tactical asset allocation outlook

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[ "Market Outlook" ]
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A snapshot of our current views on equity, fixed-income and alternative asset classes — updated monthly to help you tactically adjust for opportunities and risks.

Key Takeaways
  • We are maintaining our neutral exposure to equity. If market pessimism were not incredibly high — typically a contrarian indicator —  we’d advocate for an underweight to equities. 

 

  • We maintain our overweight view on fixed income, but continue to advocate for underweights to lower quality fixed-income sectors, such as high yield and emerging markets.

 

  • We are neutral on alternatives, but cautious on REITs, a market dominated by commercial real estate securities.

 

 

 

 

Within fixed income infographic showing the underweight, neutral and overweight positions for strategies, commodities, REITs and convertibles