Since we published Road to 2030 three years ago, the world has changed profoundly, with war and a pandemic wreaking havoc on the global economy, and with inflation transforming the political economy that was dominant in the 1990s and 2000s.
This time Road to 2030 examines how a crisis of global integration could create a vastly different economy to the one we have known. Understanding the investment implications of this very global crisis forms the basis of what the next cycle looks like.
Evolving the Road to 2030
Road to 2030 is very much about the structural horizon. It is squarely focused on identifying multi-year structural tailwinds. The purpose of the research is to develop a medium-term roadmap where we identify themes that run through the global economy on a multi-year horizon.
From an investment perspective, we then assess these themes over two time frames, a structural and a cyclical horizon. We invest in structural tailwinds on a multi-year timescale by accumulating favourable structural allocations when they are cyclically out of favour and reducing those allocations when they are at cyclical peaks.
