Report
EUR 45.60 For Business Accounts Only

Equities & Bonds: The Need to Lower Expected Returns

​Falling inflation and interest rates helped to produce a golden era of high real returns for equities and bonds in the US and Europe between 1985 and 2014.

Expected returns on financial assets were consequently boosted over the period, but these are now in need of downward adjustment as some of these tailwind factors reverse. 

Provider
Desaque Macro Research
Desaque Macro Research

​DeSaque Macro Research Limited was formed by Said DeSaque in April 2012 with the intention of delivering independent global macro investment insights and new thematic long-term ideas to investors, along with an agnostic opinion of the markets.

Said DeSaque has over 29 years of experience working as a professional economist in financial services, primarily based in London. His working role has involved extensive travel around the world, bringing him into contact with investors of different cultural backgrounds and investment requirements. Prior to establishing DeSaque Macro Research, Said held positions as Senior Economist and Investment Strategist at US banks Robert W Baird and William Blair. He began his career as a graduate at PaineWebber in 1986, where he became Head of the London Economics Department in 1996. This role allowed him to engage with senior investment professionals, alongside regulators and provided a unique perspective of market intelligence at work. 

Analysts
Said Desaque

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