Despite ongoing uncertainty, insurance companies are more optimistic about the global investment landscape than at any time since 2016 and are not planning on a de-risking asset re-allocation in 2023.
What are the new rules of the game?
This year, we are expecting a massive asset rotation out of equities into credit. The acronym “TINA” (There Is No Alternative to equities) appears to be seriously shaken by the new economic environment. In turn, time to embrace FIFA: Fixed Income’s Fashionable Again!