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The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
Past Performance does not guarantee future results.
Global Equities represented by MSCI World Index; Global Government Bonds represented by Bloomberg Global Treasury Index (Hedged). Calendar year returns shown from 1988 to present. Returns shown in US dollars.
As of December 31, 2022
Source: Bloomberg, Morningstar, MSCI and AllianceBernstein (AB)
Historical analysis does not guarantee future results.
Headline CPI numbers are shown as 12-month percentage change except for the latest three-month change, which is shown annualized. US Headline CPI inflation peaked in June 2022.
As of December 31, 2022
Source: Haver Analytics and AB
Historical analysis does not guarantee future results.
Price change shown is since 2021 year-end. Current price change shown is based on the current 20-day average price.
As of December 14, 2022
Source: Bloomberg and AB
Historical analysis does not guarantee future results.
CPI numbers are shown as 12-month percentage changes except for the latest 3-month change, which is shown annualized. US CPI inflation peaked in June 2022.
As of December 31, 2022
Source: AB
Historical analysis does not guarantee future results.
Cross-country inflation readings shown for major developed and emerging market economies. 12-month-out rate expectations based on implied policy rate changes priced into derivative markets, such as the fed fund futures. G9 average is based on the other nine members of the G10 group of currencies.
Left display as of December 31, 2022; right display as of December 22, 2022
Source: Bloomberg, Haver Analytics, OECD and AB
The views expressed herein do not constitute research, investment advice or trade recommendations, and do not necessarily represent the views of all AB portfolio-management teams and are subject to change over time.
Caglasu Altunkopru is Head of Macro Strategy in the Multi-Asset Solutions Group at AB. She was previously a sell-side analyst at AB, covering equity portfolio strategy for six years. Altunkopru joined the firm in 2005, covering the European Household and Personal Care sector, and her team was ranked among the top three in Institutional Investor and Extel surveys. Prior to joining AB, she worked as a management consultant with The Boston Consulting Group, Bain & Co. and McKinsey, serving clients in the consumer goods and financial services sectors. Altunkopru holds a BS in mathematics from the Massachusetts Institute of Technology and an MBA from Harvard Business School. Location: New York
Aditya Monappa is Global Head of the Multi-Asset Business Development team. In this role, he leads a team of investment and product strategists who engage with clients to represent market views and investment strategies for AB’s Multi-Asset Solutions (MAS) business. Monappa is also involved in setting the strategic priorities and goals for the global MAS business. Prior to joining the firm in 2018, he was head of Asset Allocation & Portfolio Solutions for Standard Chartered Bank. As part of that role, Monappa was responsible for the design of global asset-allocation models and multi-asset-class portfolio solutions for both the private and priority segments. He was a key member of the bank’s Global Investment Council and also acted as an advisor to the Discretionary Portfolio Management division. Previously, Monappa was head of Wealth Management Analytics for RiskMetrics Group, responsible for its asset allocation and portfolio construction offering. Prior to RiskMetrics, he worked with J.P. Morgan, first in the Investment Management division, followed by three years with J.P. Morgan Advisory Services, a division of J.P. Morgan Private Bank. Monappa holds an MBA from INSEAD and an MS in financial engineering from Columbia University. He is a CFA charterholder. Location: Singapore
This is a marketing communication. This information is provided by AllianceBernstein (Luxembourg) S.à r.l. Société à responsabilité limitée, R.C.S. Luxembourg B 34 305, 2-4, rue Eugène Ruppert, L-2453 Luxembourg. Authorised in Luxembourg and regulated by the Commission de Surveillance du Secteur Financier (CSSF). It is provided for informational purposes only and does not constitute investment advice or an invitation to purchase any security or other investment. The views and opinions expressed are based on our internal forecasts and should not be relied upon as an indication of future market performance. The value of investments in any of the Funds can go down as well as up and investors may not get back the full amount invested. Past performance does not guarantee future results.
This information is directed at Professional Clients only and is not intended for public use.