Schroders’ Multi-Asset team maintains a positive equity stance as resilient growth and earnings momentum offset concerns around higher long-term yields.
- Equities remain preferred, with technology, Europe and emerging markets supported by earnings momentum and AI-related investment.
- Government bonds have been moved to neutral as valuations improve, but inflation, fiscal risks and policy uncertainty still limit conviction.
- Schroders remains cautious on credit while favouring gold, energy and mining equities, alongside a more positive view on the Japanese yen.
Explore the full report for Schroders’ latest cross-asset positioning.