Man Group 2024 Outlook

Notes

• 2024. A bad year for beta. Bonds to outperform equities, but neither will return more than low single digits. Risk parity over 60/40. More alternatives. Careful of gap risk.
• The money illusion is over and with between 73-84% of global market cap (depending on how you count it) going to the polls next year, the political tolerance for price rises, never massive, is going to be even more limited.