On Investors’ Minds - APAC Edition Looking ahead with the 2026 Long-Term Capital Market Assumptions
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Nov 18, 2025 Explore the 2026 Long-Term Capital Market Assumptions, highlighting key themes like economic nationalism, fiscal activism, and the impact of technology. Discover how U.S. corporate strength drives equity returns despite valuation challenges, while international markets benefit from a weaker dollar. Learn how rising fixed income yields enhance returns and the necessity of diversifying with alternatives for better risk management. Insights on productivity growth and the role of AI in boosting private assets make this discussion essential for savvy investors.
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Reliability Of The 2026 LTCMA
- The 2026 LTCMA frames returns over a 10–15 year horizon across equities, fixed income and alternatives.
- Its projections historically sit within half a standard deviation of actual 10-year returns most of the time.
Three Forces Shaping 2026 Markets
- Three forces shape the 2026 outlook: economic nationalism, fiscal activism, and technological tailwinds.
- These forces imply slower growth, more government spending, and productivity gains from AI and robotics.
Markets Move Faster Than Economies
- Economic growth and market returns can diverge; markets often move faster than the economy.
- U.S. equities' long-term growth projections stay steady despite recent strong returns and valuation headwinds.