18 September 2025

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Maybe it’s time to consider taxing the family home Supercharging the ‘4% rule’ to ensure a richer retirement Simple maths says the AI investment boom ends badly Why we should follow Canada and cut migration Are franking credits worth pursuing?

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Home / White Papers 2021

Asset Allocation Committee Outlook 1Q21

Neuberger Berman
11 February 2021

A Tentative Recovery

The arrival of coronavirus vaccines means the economy should eventually get out of its sickbed, but we think investors should take things steady. The ongoing pandemic and political risks pose short-term threats, and even as it gains pace, the recovery is likely to be uneven and bring its own risks. The Asset Allocation Committee therefore consolidates its positive views on economically sensitive assets, but the “risk on” tenor remains moderate. Potential volatility in the first half of 2021 could offer opportunities to lean into the recovery at more attractive valuations.

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