We convened our investment leaders to aggregate our insights on what 2025 may bring to the global economy and markets. Learn our views on the pace of economic growth, the path of monetary policy and five themes shaping investment opportunities.
The 2025 edition of our 10-Year Capital Market Assumptions (CMAs) offers our projections for asset class returns, volatilities and correlations over the next decade. This yearly exercise helps in shaping the design of our investors’ long-term portfolios.