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Global Markets Outlook 2019 - Part II

  • ,  Chief Executive |
  • 20 Dec 2018
  • Updated 02 Apr 2019

2019 Investment Outlook - Part II

Wouldn't you know it - immediately following the release of our first list of 2019 Investment Outlook documents projecting out into next year, the floodgates opened, and a host of additional 2019 investment outlook content came rolling in for you to reflect upon.

So, without further ado, and in no particular order, here are the best 2019 Global Market Outlook documents that have been published since our last update.

investment outlook 2019

House View: 2019 Outlook (Aviva Investors)

The Aviva Investors House View document is a comprehensive quarterly compilation of views and analysis from their major investment teams. This edition discusses the outlook for 2019.

Wellington Management's 2019 Investment Outlook

Wellington Management's 2019 Investment Outlook presents viewpoints of investment professionals across multiple asset classes, discussing the credit cycle, finding alpha in EM equities, ESG engagement, and other topics.

2019 Long-Term Capital Market Expectations (Franklin Templeton)

For compliance reasons, this paper is only accessible in the EMEA region

Franklin Templeton's Long-Term Capital Market Expectations looks at asset classes over a seven-year investment horizon, approximating the average length of a U.S. business cycle.

A Look Ahead to 2019: Shifting Emphasis From Return to Risk (MFS, Dec 2018)

As 2019 draws near, MFS expresses their concern about corporate debt levels and deteriorating credit quality.

Monthly Market Monitor (Eaton Vance, Dec 2018)

For compliance reasons, this paper is only accessible in the United States and Canada

Although not explicitly a 2019 outlook, Eaton Vance's Monthly Market Monitor reviews asset class data via an impactful chartbook.

2019 Investment Outlook (GSAM)

GSAM believes that 2019 offers a better deal for investors for three key reasons: continued expansion in global growth and corporate profits, a low bar for positive surprises, and attractive valuations.

2019 Outlook: Distortion, divergence, and diversification (Franklin Templeton, 2018)

For compliance reasons, this paper is only accessible in the EMEA region

Franklin Templeton is optimistic about 2019, recognizing that the opportunity set for investments may be more divergent, with previously overlooked asset classes potentially taking the spotlight.

Investment Outlook 2019: Regime Change (BNP Paribas AM, Dec 2018)

Aside from the familiar forces like trade tansions, political turmoil, and quantitative tightening, BNP Paribas urges investors to consider the regime change inherent in the US bond and stock markets and the changing correlations of these asset classes.

Vanguard economic and market outlook for 2019: Down but not out

What might 2019 hold for global financial markets? Vanguard expects a slowdown in global growth with a slight increase in recession risk.

The Year Ahead - 2019 (JP Morgan AM)

JP Morgan Asset Management presents their market-related expectations and asset allocation-related implications for multiple asset classes in 2019.

Cyclical Outlook: Synching Lower (PIMCO, Dec 2018)

PIMCO describes why they see a synchronized global slowdown in 2019. They are positioning cautiously but anticipate opportunities ahead.

2019 Investment Outlook: Opportunities & Threats in a Desynchronised World (UBP)

UBP describes 2019 as one beset with uneven growth, but also one where the rest of the world is forced to deal with the dichotomy of the relationship between the United States and China.

2019: The Year of the Central Banks (Axioma, 2018)

2019 will be a decisive year for three of the world’s biggest central banks. Axioma looks at monetary policy in the ECB, the BoE, and the US Federal Reserve, and projections for monetary action in the new year.

Global Macro Outlook (AB, Dec 2018)

For compliance reasons, this paper is only accessible in North America and South America

With downside risks noticeably present in the economic outlook for Europe and China, ongoing trade-related issues, and increasing amounts of geopolitical turmoil, 2019 is quickly approaching.

European Equity Spotlight: Selecting Indices to generate better performance (Lyxor ETF, Q4 2018)

For compliance reasons, this paper is only accessible in the UK & Europe

This 40 page document reviews the characteristics of European equity indices, covering broad, country, sector and thematic indices. It also examines fund flows and investor sentiment, providing guidance in the use of ETFs to efficiently capture index returns.

2019 Global Investment Outlook: The Way Forward (Macquarie AM)

Macquarie Asset Management looks at exogenous forces that could affect global markets in 2019, breaking down the implications for specific asset classes.

2019 Outlook: U.S. Lands Softly, Converges With Rest of the World (OppenheimerFunds)

OppenheimerFunds projects slowing growth in the U.S. in 2019, as the tailwinds from Trump's tax cuts begin to dissipate.

2019 Global Cash Outlook: Innovations in Cash (State Street Global Advisors)

It is a rarity when cash markets outperform both stocks and bonds. State Street Global Advisors looks at cash markets globally and the outlook for global cash in 2019.

The Pessimist's Guide to 2019 (Bloomberg)

For those of you still reading, check out Bloomberg's guide to 2019 for the uber-pessimistic, projecting food shortages, global unrest, and increasing conflict.