Investment Outlook: Economies and markets press ahead
A favourable economic situation combined with continued key interest rate cuts will provide a good base for equity and fixed income markets. Protectionism, proposed tariff hikes and a messy geopolitical situation are among prevailing risks. Investors are optimistically positioned, which is apparent from valuations of financial assets. We believe that the net balance of opportunities vs risks remains positive. This is reflected in our portfolios, which are overweight in equities as opposed to fixed income investments. The equity portfolio is dominated by US and Swedish exposures. Our fixed