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
The top 5 risks in 2022
What next for the global economy as pandemic stimulus measures are removed?
Can the US economy keep up its recovery growth spurt?
As the eurozone economy recovers, will rates be slower to normalise?
When will the Chinese dragon roar again?
Can the UK economy continue to sail through the pandemic winds?
More muted upside for equities leaves room for sector rotation
Solving the puzzle of the post-pandemic bond world
The conundrum facing private market investors
Our five-year forecasts and scenarios: strap up for a two-speed recovery
How to diversify portfolios and hedge inflation risk: from commodities to bitcoin
Investing for a greener tomorrow
Staying on track whatever the investing weather
Sustainable cities of the future: A podcast with Lord Norman Foster
Multi-asset portfolio allocation
How blue-sky thinking can bring clearer skies to India’s new investment landscape
Key dates 2022
All the articles published in Outlook 2022 are also available to download here as a PDF: