20/01/2010 Back from the brink - but what now? - Investment outlook for 2010
Few people would have predicted quite how sharply the markets have rallied this year in the wake of the traumatic events of 2008. After one of the worst years on record for risky assets, 2009 has been one of the best.
Investors now have some difficult choices to make. Will the rally continue on a wave of optimism, or is a correction overdue? The answer to that question will have major implications for their asset allocations in the year ahead.
In this document we set out our macroeconomic outlook for the coming year and discuss a number of asset classes that we believe could be of particular interest to investors in 2010. It represents the combined views of our two companies, BNP Paribas Investment Partners and Fortis Investments, which are set to move into 2010 together as a powerful new force in the asset management industry.*
Since March, asset classes have surged in value virtually across the board. But bull markets do not last forever. We hope that this document proves useful as you make your investment choices for 2010.
