2026 market outlooks - part four

Are there any opportunities beyond AI-focused investments?

The macro picture is far from rosy as 2026 begins. Plenty of risks will carry over: geopolitical tensions, tariffs, market concentration, the crowing of private markets… but there are always opportunities. Explore the insights below for ideas on how to position your portfolio for next year and beyond.

Charting the Year Ahead: Investment Ideas for 2026 (PIMCO)

Marc Seidner, CIO of Non-Traditional Strategies at PIMCO, explores what risks and opportunities markets may surface in the coming year.

2026 Key Themes (MFS)

For compliance reasons, this paper is only accessible in certain geographies

A key question for 2026: What are the key themes and growth opportunities for allocators?

Gold Outlook 2026: Push Ahead or Pull Back (World Gold Council)

For compliance reasons, this paper is only accessible in certain geographies

Gold had a remarkable 2025, achieving over fifty all-time highs and returning over 60%. Will this performance be repeated next year?

2026 Outlook: Economic Upside, Stock Market Downside (Vanguard)

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

Despite strong near-term earnings expectations for hyperscalers, the best investment opportunities will likely emerge outside this sector.

2026 Annual Investment Outlook: Resilience and Rebalancing (Invesco)

Invesco believes the conditions are in place for the market advance to continue in 2026. But risks remain.

Global Outlook 2026: A Taste of Things to Come (ING)

The global economy is still cooking up decent enough food, but the kitchen is one heck of a mess. Expect 2026 to serve up more of the same.

Perspectives 2026: Annual Outlook (Deutsche Bank)

This report looks at 2026 across ten investment themes, identifying the potential opportunities and risks.

2026 Emerging Markets Outlook (Ashmore)

What will 2026 bring? Critical markets, such as China and the U.S., continue on transformational path.

2026 CRE Outlook: Stability through Uncertainty (Colliers)

This report breaks down the key trends influencing capital flows, space demand, and sector performance across different CRE sectors.

Why Invest in Emerging and Frontier Markets in 2026? (East Capital)

2025 was a positive year for emerging markets and frontier markets. Wil 2026 bring more of the same?

Outlook 2026: Blowing Bubbles (Standard Chartered)

The authors of this report expect risky assets to outperform in 2026 amid an AI boom, easing fiscal and monetary policies and abating trade tensions.

Trend & Cycle 2026 Technical Outlook (RBC)

Many investors are understandably questioning whether the S&P will generate a fourth year of positive returns. History suggests it is possible.