61% expect inflation to rise

clock

Nearly two-thirds of the GP 100 Panel expect global inflation to rise over the next six months.

The findings almost exactly parallel a survey by Northern Trust released last month that shows 62% of managers believe inflation will increase in the coming months, up 40 percentage points from the third quarter survey and the highest level recorded since Northern Trust began its survey in 2008.

Inflation concerns are likely related to increased optimism regarding the economy and financial markets, said Northern Trust. Some 55% of investment managers surveyed expect global growth to accelerate over the next six months, up from 33% who held this view in the third quarter. Some 80% of respondents expect corporate earnings to rise in the next three months.

“In the fourth quarter our managers expressed optimism that global markets are on solid footing and will perhaps continue their upward trajectory,” said Chris Vella, global director of research for Northern Trust Global Advisors, the multi-manager arm of Northern Trust.

However, one respondent said they do not expect inflation to rise as economies in the US and Europe will be restrained by low interest rates.

The Global Pensions 100 Panel was launched in July 2006 and every month asks pension funds two topical questions on events in the pensions industry.

 

feb100chart2

More on Investment

Gilt yields fall after Trump backs down from tariff war

Gilt yields fall after Trump backs down from tariff war

UK government bonds stabilise after US president pauses most additional tariffs

Jonathan Stapleton
clock 10 April 2025 • 1 min read
UPDATED: Gilt yields rise as part of sell-off of government debt

UPDATED: Gilt yields rise as part of sell-off of government debt

Investor unloading of US Treasuries drags government borrowing costs higher globally

Jonathan Stapleton
clock 09 April 2025 • 2 min read
LPFA allocates £250m to environmental fund

LPFA allocates £250m to environmental fund

3% allocation to be invested by LPPI as part of IIGCC climate solutions commitment

Jasmine Urquhart
clock 08 April 2025 • 1 min read
Trustpilot