Market GPS 2023 Investment Outlook
We've all been dealing with a chaotic market.
The biggest challenge now is to find the silver lining of all this chaos. We've been laser focused on organising this year's volatility into three main market shocks: slowing growth, inflation, and interest rate volatility.
We at Janus Henderson always stress the point that time in the market beats timing the market, but also how we can help our clients to translate those shocks into opportunities.
That's easier said than done. So, we're excited to help by introducing Janus Henderson's 2023 Market GPS Investment Outlook. Here's a glimpse into what you'll find:
- Matt Peron, our Director of Research, lays out what he expects in earnings season ahead and what equity investors should look for in companies.
- Of course, stable earnings are a hallmark of quality investing, and this is one of the reasons quality has become a common theme this year. But quality isn't just one thing, it's multifaceted. So we've developed our MOAT framework to help investors map this year's market shocks to the most relevant aspects of quality investing. This approach is designed to identify quality companies which can mitigate and maybe even capitalise on today's biggest risks.
- Jim Cielinski, our Global Head of Fixed Income, outlines that government bond yields are likely range-bound or even poised to outperform if today's economic slowdown turns into a recession. In that environment, core high-quality investment grade fixed income is likely to revert back to its traditional role as a portfolio ballast when equity markets sell off.
- As you will see from David Elms and Steve Cain from our Diversified Alternatives team, the key measures of success in this space are stable, non-directional returns that are able to provide a differentiated source of returns in clients’ portfolios.
The Market GPS Insights provide a playbook for the next stage of the cycle and will give you a feel for the silver lining that comes with today's market volatility.
The opinions and views expressed are as of the date published and are subject to change. They are for information purposes only and should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation to buy, sell or hold any security, investment strategy or market sector. No forecasts can be guaranteed. Opinions and examples are meant as an illustration of broader themes, are not an indication of trading intent and may not reflect the views of others in the organization. It is not intended to indicate or imply that any illustration/example mentioned is now or was ever held in any portfolio. Janus Henderson Group plc through its subsidiaries may manage investment products with a financial interest in securities mentioned herein and any comments should not be construed as a reflection on the past or future profitability. There is no guarantee that the information supplied is accurate, complete, or timely, nor are there any warranties with regards to the results obtained from its use. Past performance does not predict future returns. Investing involves risk, including the possible loss of principal and fluctuation of value.
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