What does the next decade hold?
The macro backdrop is changing—and fast. But while the near-term action is incredibly volatile, the picture across the next few years (and decades) may look more optimistic. Explore long-term thinking on the potential direction of a range of asset classes from the likes of JP Morgan AM and Morgan Stanley Wealth below.
2025 Capital Market Assumptions for Major Asset Classes (AQR)
Explore AQR’s capital markets assumptions for different asset classes.
Capital Market Assumptions 2025 (Amundi)
For compliance reasons, this paper is only accessible in certain geographies
Amundi’s annual Capital Market Assumptions report explores more than 40 asset classes against an evolving macro backdrop.
Capital Market Assumptions: 2025 Edition (Northern Trust Asset Management)
Explore the investment themes likely to drive global markets over the next 10 years.
2025 Q1 Capital Market Assumptions (PGIM Quantitative Solutions)
How does the next decade look for investors? This insightful report paints a realistic picture for allocators.
Capital Market Assumptions: March 2025 (Capital Group)
For compliance reasons, this paper is only accessible in certain geographies
The geopolitical landscape has shifted, notably seen through last year’s 70 elections and in recent White House policies.
Annual Update of GIC Capital Market Assumptions (MS Wealth)
Extending a theme from last year, this report lookat how positively correlated stocks and bonds in a reflationary setting place a premium on portfolio diversification.
Long Term Capital Market Assumptions 2025-2034 (DB Group)
Long term Capital Market Assumptions (LTCMA) form a vital component of systematic long-term asset allocation approaches.
Capital Market Assumptions (Cohen & Steers)
The appeal of current market leaders is understandable, particularly given that many investors’ experiences have been limited to an era of relative stability.
Explore the latest Guides to Markets from JP Morgan AM
Q2 2025 Guides to the Markets (JP Morgan AM)
Updated each quarter, the Guide to the Markets illustrates a comprehensive array of market and economic trends and statistics through compelling charts.