Outlook 2022

15 November 2021

As investors near the end of a turbulent 2021, our bumper Outlook 2022 takes a look at the prospects for financial markets next year. We reflect on why active management might be key for equity investors, and explore what elevated inflation and promised rate hikes mean for bonds. Our report also reveals our five-year capital market assumptions, and we discuss the potential investor implications of climate change.

Welcome to “Outlook 2022”, our annual bumper edition of “Market Perspectives”. We have our usual monthly investment strategy update from Barclays Private Bank as well as a look ahead to next year and beyond, which is also available to download as a PDF at the bottom of this page.

As we turn our gaze to 2022, we analyse the fundamental drivers of the global economy, explore what’s next for inflation, and consider when central banks will likely end the pandemic’s easy money era. We also look at ways to invest for a greener tomorrow and discuss how to start your journey to a climate-ready portfolio. And finally, we suggest ways to keep your investments on track so you can deal with any challenges as we emerge from the pandemic.

We hope you enjoy reading this year’s report, and we’d like to thank you for investing with us. As always, our focus remains on helping you to influence your unique vision of tomorrow, in the very best ways possible.

Jean-Damien Marie and Andre Portelli,
Co-Heads of Investment, Private Bank