- We think inflation is likely to fall back, but we are more sensitive to upside risk than at the start of the year.
- Evidence of longer-term investment in more and more sectors continues to build.
- Flexibility and a tactical approach across the full range of credit markets has been a key source of return opportunities.
- We still expect the shadow of secular stagnation to help growth stocks eventually, but current dynamics could extend beyond this year.
- Evidence of the quality-growth tilt in private equity portfolios continues to build.
For further details see:
10 For 2021 - Midyear Update