Top Down: Inflation fears are transitioning to growth fears

Written by Sebastian Orsi CFA, Senior Research Analyst

19 May 2022

Every month, our Asset Allocation Committee meets to discuss and debate our market outlook. How has our asset allocation changed month-on-month? Here Sebastian Orsi CFA, Senior Research Analyst, presents our views. 

Since the last issue of Top Down, global equities have declined by 7% in local currency terms, or 5.5% in euro terms. The move relinquished all the bounce that occurred in the second half of March. Bond markets also continued to fall with the euro aggregate fixed income market down 3.7%. 

What's behind the synchronised falls? 

To find out, read our latest edition of Top Down.



Previous editions of Top Down

Explore some of our previous editions of Top Down to see how our asset allocation views have changed this year.  

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