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23rd July 2026

Pictet: Secular Outlook 2026: Our 10-year investment outlook

Understand the key trends shaping returns across equities, fixed income, currencies and alternatives.

Returns across traditional equity–bond portfolios are likely to be more modest over the next decade compared to the past 10 years, as the days of stimulus-fuelled gains give way to a world of higher government debt, lingering inflation and greater market volatility. This shift calls for a more dynamic approach to portfolio construction.

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