Introducing Panorama: Mid-Year, in which our senior investors assess the shifts in the global investment backdrop since our December 2016 edition and highlight some of the key opportunities and risks they see over the next six months.

This edition explores:

  • Asset class and valuation comparisons across the liquid asset classes
  • Views from our investment areas on the key drivers of reflation
  • The implications of normalizing monetary policy and geopolitics

The following pages bring you distinct viewpoints, drawn from the full breadth of our global capabilities to help you meet your investment challenges.