Market Outlook

The expectations that the market is discounting are for a hike of 170 basis points for the Fed over the next two years, equivalent to four hikes this year and another three or four more in 2023.

By now markets are roughly pricing four rate hikes by the Fed in 2022 and there is broad consensus that the balance sheet will start to be unwound in H2 2022.

Taking place today, we have received some insights from the professionals within the asset management industry in relation to this event.

The initial casualty? Tech companies in the earlier stages of their life cycles with either very low or even negative earnings.

We have pulled together some highlights from the discussion between Fabiana Fedeli, CIO of equities and multi asset, Jim Leaviss, CIO of Public Fixed Income, and William Nicoll, CIO of Private and Alternative Assets.