Portfolio Positioning Research Hub

Following a year of exceptional returns in 2025, including a 24.7% gain in European equities and a 63% surge in gold, institutional research remains constructive for 2026 with a projected 15% gain for global equities. Current portfolio positioning emphasizes an overweight stance on risk assets, supported by stabilizing macro growth in the US, Europe, and China. Analysts recommend an equity allocation range of 30–70%, focusing on US markets, structural growth themes, and tactical picks in sectors like med-tech and utilities. There is a specific conviction toward Emerging Market equities and industrial metals, such as copper, driven by cyclical reacceleration and fiscal stimulus. To manage risk, research suggests a shift toward alternative diversifiers like managed futures and precious metals, as government bonds are viewed as having limited hedging value at current yields. Strategic rebalancing and the use of structured wealth preservation tools are highlighted as essential for maintaining portfolio resilience while capturing ongoing earnings momentum.