Investment Outlook

Economies and markets press ahead

Summary

A favourable economic situation combined with continued key interest rate cuts will provide a good base for equity and fixed income markets. Despite such risks as protectionism and geopolitical uncertainty, we believe that opportunities outweigh risks. This is reflected in our portfolios, which are overweight in equities ‒ especially US and Swedish exposures. Our fixed income portfolio has a robust composition that is equipped for negative surprises.

Nordic equities – continued uncertainty, but light at the end of the tunnel

Great uncertainty persists, but the outlook has brightened, so 2025 looks set to be a favourable stock market year. Countries expected to stand out on the upside are the United States and Sweden.

Themes in Investment Outlook

The ASEAN countries – Asia’s “forgotten” jewels?

After having been under the radar for years, macroeconomic changes and structural improvements in the ASEAN region appear likely to rekindle investor interest.

Read the article about the ASEAN countries (pdf)

AI redraws the map – which Swedish companies can benefit?

We discuss which sectors have the greatest potential to benefit from advances in artificial intelligence and which Swedish companies are at the forefront and can help shape the market of the future.

Read the article about AI redraws the map (pdf)

Investment Outlook November 2024

Our experts give you our current view on the development of the economy and stock exchanges (12 minutes).

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