高盛2025年资产管理展望重新审视资产配置英文版33页

Reasons to RecalibrateAsset Management 2025 OutlookThis financial promotion is provided by Goldman Sachs Asset Management B.V.GOLDMAN SACHS ASSET MANAGEMENT  2NOVEMBER 2024REASONS TO RECALIBRATEASSET MANAGEMENT 2025 OUTLOOKWe are pleased to share Goldman Sachs Asset Management’s 2025 Outlook: Reasons to Recalibrate. Investors face a range of new dynamics in 2025. Inflation has continued to slow, economies remain resilient and interest rate cuts are underway. We expect the magnitude and pace of monetary policy easing to be in focus throughout the year. In our view, the direction of travel toward more accommodative monetary policy will create new opportunities across public and private markets, but in an environment that is no less complex. While macroeconomic imbalances have receded, the aftereffects of a mega-election year globally and a second Trump presidential term in the US add new uncertainties around inflation, growth, and international trade. Investors must also navigate the ev