Multi asset Home Investment views Multi asset Multi asset Our locally based multi asset teams construct regionally tailored portfolios from a wide range of financial instruments to generate attractive returns. November 2024 Multi Asset What does Trump win mean for markets Donald Trump looks to have secured a sweeping victory in US elections. We consider the implications for economic growth, inflation and financial markets. November 2024 Multi Asset Barometer: US stocks have more to give While the approaching US election has some investors on edge, we remain confident that the American economy will experience a soft landing whoever secures the White House. As a result, we remain overweight stocks and upgrade US equity. October 2024 Multi Asset Barometer: Emerging markets' turn to shine The prospects for emerging market stocks and bonds outside China are improving as interest rates fall worldwide. September 2024 Multi Asset Barometer: Conditions favour Swiss and financial stocks With interest rates set to fall further and the global economy heading for a soft landing, prospects for Swiss and financial stocks look bright. August 2024 Multi Asset Barometer: summer slowdown Equities have had a good start to the year, but the summer could be an opportune time to take some profits, with the rest of the year likely to bring weaker growth and fewer earnings beats. July 2024 Multi Asset Barometer: Scaling back IT but still positive on stocks Conditions remain favourable for equity markets overall but we trim exposure to tech stocks following their stellar run. June 2024 Multi Asset Barometer: Staying overweight equities as world economy avoids slowdown Prospects for the world economy have improved and interest rates are about to fall. That's a positive backdrop for stock markets in the near term. May 2024 Multi Asset Barometer: Stars align for European equities Economic conditions in Europe are improving while interest rates in the region could soon head lower. This augurs well for European stocks, which we upgrade to overweight. April 2024 Multi Asset Barometer: A spring in the market's step Equities should extend their rally as interest rate cuts appear imminent in the US and other developed economies. December 2023 Multi Asset The investment landscape in 2024 US stocks look set to trail European and Swiss equities in a year that will also see bonds gain in response to slower growth. December 2022 Multi Asset The investment landscape in 2023 A peak in official rates should offset subdued growth and still-high inflation in 2023, to the benefit of quality bonds and emerging markets.