2026 Investment Views

After a disorienting 12 months, investors need to recalibrate their perceptions of risk – a ‘Goldilocks’ macro environment is likely to prevail in 2026. But while conditions appear ‘just right’, thoughtful positioning is required within each asset class.

12 Jan 2026

Frequently asked questions

What are the 2026 Investment Views?

Ninety One’s 2026 Investment Views are a collection of investment outlooks from our Investment Institute and global investment teams. They bring together our latest thinking across asset classes, regions, and investment themes to help investors navigate the year ahead.

Investment Views has been published annually for over a decade. Over that time, they have become a consistent reference point for institutional and professional investors seeking an active, short-, medium- and longer-term market perspective.

What is the purpose of Investment Views?

Investment Views are designed to support clients as they consider portfolio positioning at the start of the year.

They are written for professional investors and advisers responsible for portfolio construction and long-term asset allocation, including advisers and institutions managing assets on behalf of individuals, pension schemes, insurers, public bodies, and charitable organisations.

Each year, these investors make decisions about asset allocation, risk exposure, and long-term portfolio construction. Investment Views aim to inform that process by providing perspectives on the economic backdrop, market risks, and investment opportunities across asset classes and regions.

Important Information

The information may discuss general market activity or industry trends and is not intended to be relied upon as a forecast, research or investment advice. The economic and market views presented herein reflect Ninety One’s judgment as at the date shown and are subject to change without notice. There is no guarantee that views and opinions expressed will be correct and may not reflect those of Ninety One as a whole, different views may be expressed based on different investment objectives. Although we believe any information obtained from external sources to be reliable, we have not independently verified it, and we cannot guarantee its accuracy or completeness. Ninety One’s internal data may not be audited. Ninety One does not provide legal or tax advice. Prospective investors should consult their tax advisors before making tax-related investment decisions.

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