As we enter the second half of 2025, a clear shift is emerging in the global economy. The era of US dominance is giving way to a new, more multipolar dynamic – one that places growth opportunities in Europe and Asia firmly in the spotlight. In our mid-year Market Outlook, our experts take a closer look at how these developments are shaping investment strategies, how to navigate these volatile markets, and what they mean for your portfolio.

What else you’ll learn in this edition of our Market Outlook: 

• Whether it is the time to make big strategic changes in bond portfolios
• Our specialists’ top four alternative investments for those seeking to diversify away from economic and geopolitical risks
• Which areas to focus on in the equities space
• Inflation and growth forecasts for major economies, as well as rate cut expectations