Private Banking|Professional Solutions|Investment Management|Investment Banking|About us
Van Lanschot Kempen Logo
  • Products and solutions
  • Sustainability
  • Fund Library
  • Insights
Professional Investor - Netherlands
12 September 2023

Asset Allocation Outlook

August was a quiet month for the financial markets. Yet investors were unable to derive much pleasure from the main asset classes. Equities noted minor losses, with the MSCI global equity index decreasing by 3.0% in local currency. The biggest loss of 6.4% was in emerging markets and the smallest of 1.8% in the US.

Please see Kempen’s Asset Allocation Outlook for September. The highlights this month are:

  • Economic outlook remains poor
  • Inflation falling but no sign of interest rates being cut yet
  • Portfolio sensitivity to interest rates increased
Download the Asset allocation

The information in this publication is of a general nature. This publication may at no time be viewed as an offer and you cannot derive any rights from this publication. The external sources used to produce this publication were selected with the great care. We cannot guarantee that the information and data from these sources is up-to-date, correct and exhaustive. We accept no liability for printing and typing errors. We are not obliged to update or amend the contents in this publication. All rights related to the content of this publication are reserved, including the right to amend.

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested. Past performance provides no guarantee for the future.

Fully focused on your future

Private Banking
  • Offices
  • Entrepreneurs
  • Healthcare
  • Executives
  • Business professionals
  • Wealth management
  • Conditions
  • Private Banking - Belgium
  • Private Banking - Switzerland

Professional Solutions
Investment Management
Investment Banking

© Van Lanschot Kempen Investment Management NV 2023Security and fraud awarenessPrivacy & cookiesDisclaimerPrivacy & cookies UK