Investment Outlook · 2025

The 2025 investment outlook.

Full-year 2025 outlook synthesis from NWM's institutional investment partners, curated by the firm's Chief Investment Officer.

Publisher partners

18 outlook sources curated by the NWM CIO.

NWM's investment team curates and synthesises the full-year outlooks from the firm's institutional counterparties. The publishers below contributed to the 2025 edition.

Amundi outlook
Amundi
BNP Paribas Asset Management outlook
BNP Paribas Asset Management
Barclays Private Bank outlook
Barclays Private Bank
BlackRock outlook
BlackRock
Colliers outlook
Colliers
Columbia Threadneedle outlook
Columbia Threadneedle
Deloitte outlook
Deloitte
Goldman Sachs outlook
Goldman Sachs
Invesco outlook
Invesco
J.P. Morgan Asset Management outlook
J.P. Morgan Asset Management
J.P. Morgan Private Bank outlook
J.P. Morgan Private Bank
KKR Infrastructure outlook
KKR Infrastructure
Morgan Stanley outlook
Morgan Stanley
Robeco outlook
Robeco
Schroders outlook
Schroders
T. Rowe Price outlook
T. Rowe Price
UBP outlook
UBP
UBS outlook
UBS
NWM's synthesis

Our own view.

NWM's CIO reads these outlooks alongside other research and brings them together into a consolidated investment view that informs client portfolios and fund mandates. For clients and fund sponsors, the full NWM synthesis is available on request through the firm's client channels.

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