We are pleased to share our 2025 Asset Allocation Outlook: Positioning for Uncertainty.

In addition to discussing our asset allocation and portfolio positioning for 2025, this year's outlook examines several investment themes and macro topics we are watching closely:

  • Energy, aerospace, and defense: Supply chain disruptions and rising defense spending are creating long-term opportunities.
  • Generative AI: AI adoption is accelerating, reshaping industries and boosting productivity.
  • Small caps: Attractive valuations and improving economic conditions could drive a resurgence.
  • Japan’s market transformation: Corporate reforms and economic shifts are unlocking new potential.
  • Economic growth and earnings: Examining the disconnect between GDP growth and market returns.
  • Central bank independence: The impact of political pressures on monetary policy and market stability.
  • U.S. debt concerns: Rising deficits and sovereign debt may reshape fiscal policy and investor sentiment.

 

CLICK HERE TO READ THE REPORT →

 


Note: All commentary sourced from Brown Advisory as of 12/31/24 unless otherwise noted. Alternative Investments may be available for Qualified Purchasers or Accredited Investors only.