Q4 25 and FY 26 market and economic outlooks

Explore what the future holds for investors

What are the main lessons asset managers learned during 2025? And how might these lessons inform the future directions of key markets and economies? Explore this selection of outlooks from the likes of BNY, Allianz, and others to find out.

Global Outlook 2026 (Metlife IM)

Businesses appear to be weathering policy uncertainty and tariff-induced cost increases by cutting costs and delaying investment without resorting to wholesale layoffs.

Fixed Income Perspectives Q4 2025 (Capital Group)

The global economy is navigating a complex transition and possible growth convergence, especially between the U.S. and Europe.

The Retirement Outlook: Strong National Progress, Opportunities Ahead (Vanguard)

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

The goal of the Vanguard Retirement Outlook is to track the nation’s progress toward retirement security.

Fixed Income Fourth Quarter 2025 Outlook (PGIM)

Generous yields across public and private credit continue to drive the yield-is-destiny theme, which may gain a tailwind from downward rate pressures.

Portfolio Perspectives Q4 2025 (MFS)

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

So far this year, tariffs, the OBBBA, a Fed rate-cutting cycle and a U.S. government shutdown have left many investors’ heads spinning. What will Q4 bring to allocators?

Global Insolvency Outlook 2026-27: Don't Look Down! (Allianz)

If the current AI-induced boom were to burst in a shock similar to the dotcom bubble of 2001-2002, the authors of this paper expect a surge of bankruptcies across the world.

Shareholder Activism: Ten Trends for 2026 (Harvard Law School)

Dozens of U.S. activist situations are underway for 2026 annual meetings, well before the windows for nominations open at most targeted companies.

Vantage Point: Global Economics & Markets Outlook Q4 2025 (BNY)

The U.S. economy is approaching a moment when policy and momentum must work in coordination.

Quarterly Chartbook Q4 2025 (Charles Schwab)

Proper asset allocation and diversification in line with investors’ time horizon and risk tolerance are essential considerations when constructing a portfolio.

Mind on the Markets Quarterly: Two Themes Shaping Q4 (Brown Brothers Harriman)

There are two core themes that are likely to shape markets in the coming months. Explore this report to find out more.

Charting Crypto Q4 2025: Navigating Uncertainty (Coinbase Institutional)

Investors should anticipate continued support from robust liquidity, a favorable macroeconomic environment, and encouraging regulatory developments.

Looking Ahead to 2026 (Tikehau Capital)

The transition from an economic model centered on endless growth to a more localized, resilience-driven model marks a profound shift.

2026 Commercial Real Estate Outlook (Deloitte)

What forces are shaping the commercial real estate landscape? Where can investors find the right opportunities for their portfolio needs?