The risk-on climate continues and this is reflected in our Money Talks Money Walks model recommendations. Still, the model changes the allocation to four categories; commodities, Japan equity, Pacific ex Japan equity and communication services.
A resilient risk-on sentiment continued to drive markets in October. The equities, real estate, and commodities categories are supported by improving fund flows and steady positive trends. Our three-pillar model highlights renewed strength in real estate and utilities, while consensus on bonds remains cautious despite solid inflows. Discover where institutional conviction is building — and where sentiment is starting to shift.
Overall, our Money Talks Money Walks model maintains its risk-on stance. However, there are some changes in September, notably in the model recommendations for government bonds and Japanese equities.
Even in August’s buoyant markets, our Money Talks Money Walks model signaled important shifts — with bonds, and especially emerging market debt, in the spotlight.
