Natixis2026年全球机构投资者展望报告于未知中前行不确定性主导市场运行英文版20页.pdfVIP

2026NATIXISINSTITUTIONALOUTLOOKSURVEY

Dancinginthedark:

Marketsmovetothe

beatofuncertainty

Inflation,fiscalstrain,andshiftingpoliciessetthestage

foralate-cycletest—andapotential2026correction.

2026NATIXISINSTITUTIONALOUTLOOKSURVEY

Inavolatileyearmarkedbytariffs,geopoliticalconflict,supplychainshocks,

andaQ4tech-sectorcorrection,marketsaroundtheglobehavebeen

remarkablyresilient,withmostindexespostingathirdconsecutiveyearof

double-digitreturns.ButresultsfromtheNatixisGlobal2026Institutional

OutlookSurveysuggestthatmarketscouldrunoutofluckinthenewyear.

InstitutionsarefocusedonanincreasinglycomplexinvestmentInfixedincome,institutionalinvestorsexpectmultipleratecuts

environment.Geopolitics(49%)nowtopsthelistofkeyin2026.Buthowmuchandwhenarelessclearasconcerns

economicthreatsaheadofatechbubble(43%),recessionoverpricestabilityandrisingunemploymentleaveonly7%to

(33%)orgovernmentdebtcrisis(33%).Compoundingthebelievethatrateswillbeonasmoothglidepath.

challenge,74%ofsurveyrespondentsalsosaythemarkets

Smoothsailingisnotlikelyforanymarket,asinstitutions

aredueforacorrection.Justhowbadcoulditbe?Thesmart

forecastincreasedvolatilityforstocks(59%),bonds(38%),

moneygivesa46%chanceofacorrectionof10%–20%anda

andcurrency(46%).

25%chanceofa20%+downturn.

Alternativesaret