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Insights

The first cut is the deepest

March 14, 2024
By Multi-Asset Team

Executive Summary

In their latest quarterly outlook, the Global Multi-Asset team discusses investment opportunities in a changing landscape of central bank policy. While 2023 saw the broad lift-off of artificial intelligence combined with a sudden year-end decline in interest rates, 2024 appears to be continuing in the same direction for mega-technology equities.

In this paper, the Global Multi-Asset team shares insights on:

  • Risks that could derail the new market narrative of a “soft landing”
  • How central bank policy could play out in the year ahead
  • Which macroeconomic scenarios are likely to unfold and how this will affect various markets
  • Asset class implications and which investments appear most attractive
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