Global Wealth Investment Playbook

In her role as Chief Investment Strategist for global wealth, Paula Campbell Roberts shares key investment themes each quarter. The Q3 2024 Global Wealth Investment Playbook explores our belief that, while we remain in a new regime of structurally higher inflation and higher rates, we are entering a turning point in the cycle where the Fed will join other central banks in cutting interest rates amid disinflation and slowing growth. As rates decline and growth slows, investors are looking to shift tilts to favor equity-based strategies, increase duration within credit to lock-in yields, and mitigate volatility.