Investors can maintain a broadly optimistic outlook for 2022, but in its Market Outlook report, ANZ warns that further double-digit returns in equity, as was seen in 2021, would be unlikely.
“Rather, 2022 commences with a mild overweight to risk assets based on cautious optimism and a belief that, despite more moderate returns, equities should continue to outperform bonds and cash — albeit against a backdrop of heightened volatility,” ANZ Head of Investment Strategy Lakshman Anantakrishnan said.
