Since the emergence of “Modern Portfolio Theory” and the “Capital Asset Pricing Model” in the late 1960s, institutional investors have taken a quantitatively driven approach to portfolio construction, looking to create portfolio diversification and obtain better risk-adjusted returns by balancing their asset-class exposures. This journey has seen several important advancements in thinking about how to optimally achieve desired results.
Funds that want to take the total portfolio approach first need to get the total portfolio view. To do that they not only need data – and lots of it – but a rock-solid understanding of exactly how they’re going to use it.
2024 Franklin Templeton market outlook: Flexibility, resilience and opportunity
The Franklin Templeton investment teams share where they see investment opportunities across asset classes in the attached Global Investment Outlook paper.
In this publication, Franklin Templeton Institute and various independent investment teams provide a diversity of thinking.
This diversity is reflected in wide-ranging views on macro topics such as the growth, inflation and interest-rate outlook, as well as where they believe the best investment opportunities can be found in 2024.
The Franklin Templeton investment teams share their perspectives on the outlook for 2024 through their responses to the following questions:
- Do you expect a soft or hard landing in the major economies?
- How will the path of interest rates and inflation develop in the major economies?
- What catalyst could drive a significant shift in your asset-class focus?
- Where do you see the best investment opportunities?
- What are the main areas of risk?
- What could be a major surprise to markets in 2024?
