Investing for 2025

Where will growth be found in 2025 and beyond? Explore our 2025 Global Outlook, featuring analysis of the investment opportunities and challenges that lie ahead.

Global Insight 2025 Outlook: Beyond the horizon

Following strong equity gains and significant fixed income volatility, investors should prepare for a more complex and dynamic environment in 2025.

Market overview: Equity balancing act

In 2025, global equity markets may be able to add to the remarkable gains of the past two years. That will require economic and earnings pictures that don’t falter.

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The “Unstoppables”

Four powerful trends involving game-changing innovations and demographic changes are set to play out in the global economy over the coming decades. We believe they can provide an attractive way to plug investment portfolios into the future.

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Regional insights for 2025

Dive deeper into the crosscurrents that could impact economies and markets in five key regions across the globe.

Global Insight 2025 Outlook: United Kingdom

Amid efforts to stimulate growth in the face of economic challenges, we see selective long-term opportunities in both equities and fixed income.

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Global Insight 2025 Outlook: Europe

Analysis

Trade and internal tensions are likely to play key roles in 2025, as potential tariffs and political disruptions cloud the picture.

5 minute read
– Global Insight 2025 Outlook: Europe

Global Insight 2025 Outlook: United States

Analysis

A more complex equity landscape and the potential for Fed policy shifts mean investors will need to be nimble in 2025.

5 minute read
– Global Insight 2025 Outlook: United States

Global Insight 2025 Outlook: Canada

Analysis

Despite potential headwinds, we are generally constructive on Canadian markets, though we expect less outperformance in credit.

5 minute read
– Global Insight 2025 Outlook: Canada

Global Insight 2025 Outlook: Asia Pacific

Analysis

Asia’s equity outlook will likely depend on U.S. tariffs, China’s stimulus and Japan’s structural changes. Stable fundamentals support cautious optimism for investment-grade bonds.

6 minute read
– Global Insight 2025 Outlook: Asia Pacific

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