Global Multi-Asset Solutions team shares its quarterly update for 10-year expectations for widely-held asset classes. Our near-term developed and emerging market economic growth and inflation forecasts have decreased modestly from the previous quarter. Evolving policy rates and a moderation in forecast economic growth and inflation have important implications for our long-term asset class forecasts.
New this quarter to our CMAs, we are also including forecasts for core and opportunistic U.S. Private Real Estate based on inputs from the NCREIF property indices and linkages to forecast economic growth and inflation.